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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Monsanto Company | AMEX:MON | AMEX | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
From Jul 2019 to Jul 2024
Swiss agrochemicals company Syngenta AG (SYT) said Thursday, it's going to buy the hybrid sunflower seed operations from U.S. rival Monsanto Co. (MON) for $160 million on a cash and debt-free basis.
MAIN FACTS:
-The asset deal includes germplasm, development and breeding of hybrid sunflower seeds.
-The business recorded sales of $75 million in the 2008 fiscal year and has leading positions in key markets.
-Syngenta's sunflower seeds business is the global market leader with sales of more than $200 million in 2008.
-Sunflower oil is a high value vegetable oil which is low in saturated fats and mostly used in food applications.
-Globally, sunflowers are grown on around 24 million hectares. Major sunflower producing countries are Russia, Ukraine, Argentina, France and Central Europe.
-The sunflower seeds market is currently valued at around $700 million with more than 75% of the value coming from developing markets.
Company Web Site: http://www.syngenta.com -Zurich Bureau, Dow Jones Newswires; +41 43 443 8040; zurichdjnews@dowjones.com
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