Bloomberg speculates on potential Syngenta dealmaking

Syngenta (SYT -0.3%) is open to a deal, whether as an acquirer or as a target, perhaps with Dow Chemical (DOW -1.4%) or DuPont (DD +0.2%), Bloomberg speculates.

SYT and Monsanto (MON -0.5%) held preliminary talks with advisers earlier this year about a combination that never came to fruition, which shows SYT’s willingness to make a deal, analysts say.

One option discussed is a takeover of Dow’s agricultural business, which Dow is open to divesting; SYT also could merge with DuPont and then spin off the U.S. company’s non-agricultural businesses.

Dow may be a better candidate to use a SYT acquisition to relocate overseas for tax advantages, analysts suggest, but with the Obama administration looking at ways to discourage tax-inversion acquisitions, DuPont’s well-known brands and sales to the U.S. military may spark greater political pushback.

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Comments (3)
  • Willow Street Investments
    , contributor
    Comments (1763) | Send Message
    Enough with the inversions already! Shareholders do not want to pay taxes on these inverted companies. Only investment bankers are pushing for these financial engineering games.
    28 Aug 2014, 10:46 AM Reply Like
  • funfundvierzig
    , contributor
    Comments (4013) | Send Message
    Many of Syngenta's shareholders, including the undersigned, may be repulsed at the thought of taking DuPont shares in return in any acquisition by the much shrunken and shrinking DuPont Company. In the past five years, DuPont's bumbling bosses and their inept scientists have commissioned two outstanding multi-$billion failures in the agricultural arena:


    * DuPont OptimumGAP, a genetically engineered seed trait which cannot be planted by farmers in their fields without risk, and


    * DuPont Imprelis, a falsely, if not fraudulently marketed "very environmentally friendly" dandelion herbicide for the lawn, which has proceeded to kill and damage hundreds of thousands of mature landscaping trees nationwide before being mercifully banned by the U. S. EPA. DuPont Impreils even killed hundreds of beautiful trees at the renown DuPont Country Club in Delaware!


    In short an acquisition of Syngenta by DuPont could be a disaster for SYT shareholders.


    28 Aug 2014, 01:21 PM Reply Like
  • funfundvierzig
    , contributor
    Comments (4013) | Send Message
    Joining the world's largest and leading seed enterprise with the largest and leading crop protection enterprise, Monsanto/Syngenta, would be an unbeatable agricultural juggernaut, but not likely to pass antitrust muster in the United States and abroad.


    28 Aug 2014, 02:01 PM Reply Like
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