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.


STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE

More from Markets

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet

NYSE Suspends Trading for Some Shares of Nasdaq-Listed Amazon, Alphabet