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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Evogene Ltd | NASDAQ:EVGN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0045 | 0.72% | 0.6296 | 0.6615 | 4.99 | 0.659 | 0.62 | 0.629 | 42,050 | 01:00:00 |
From Jun 2019 to Jun 2024
By Sara Toth Stub
Special to DOW JONES NEWSWIRES
JERUSALEM--Israeli crop bioengineering company Rosetta Green Ltd. (RSTG.TV) said Sunday that Monsanto Co. (MON.NYSE) will acquire its activities for $35 million.
The agreement, which includes costs for terminating Rosetta Green's employees, will leave Rosetta Green as an empty shell on the Tel Aviv market. U.S. based
Monsanto is an industry leaders in biotechnology and fertilizer development for the agricultural sector. It also has a collaboration agreement with Israel's Evogene Ltd. (EVGN.TV), worth about $35 million.
Shares of Rosetta Green rose sharply on the news, as the price reflects a premium of about 100% over Thursday's market cap of 66 million shekels ($17.94 million). At 0919 GMT, shares of Rosetta Green were up ILS1.66, or 25.52%, at ILS8.21, in a higher Tel Aviv market.
Write to Sara Toth Stub at realtimedesklondon@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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