How Will Syngenta (SYT) Stock React To Possible Sale Or Acquisition?

NEW YORK (TheStreet) -- Shares of Syngenta (SYT) are down -0.36% to $72.33 after it was reported that the agribusiness company may be ready for a deal, with or without Monsanto (MON) , Bloomberg reports.

Syngenta and Monsanto held preliminary talks with advisers earlier this year about a combination that didn't happen, sources have said.

That signals the company is open to a deal, whether as an acquirer or as a target, according to shareholder Wintergreen Advisers LLC.


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With shares down 9.5% in the last 12 months and slowing revenue growth, Berenberg Bank said an acquisition could help the crop chemicals company improve its prospects, Bloomberg noted.

One possibility for $34 billion Syngenta is a takeover of Dow Chemical's (DOW)  agricultural business, said Alembic Global Advisors and SunTrust Banks.

SYT Chart SYT data by YCharts

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