{"id":8447,"date":"2015-05-25T05:50:40","date_gmt":"2015-05-25T10:50:40","guid":{"rendered":"http:\/\/olduvai.ca\/?p=8447"},"modified":"2015-05-25T05:50:40","modified_gmt":"2015-05-25T10:50:40","slug":"monsanto-bites-back","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=8447","title":{"rendered":"Monsanto Bites Back"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/wolfstreet.com\/2015\/05\/24\/monsanto-bites-back-syngenta\/\" target=\"_blank\">Monsanto Bites Back<\/a><\/h3>\n<p>Monsanto, the U.S. agribusiness giant that controls a quarter of the entire global seed market, could soon be even bigger and more powerful than it already is, following renewed speculation over its interest in Swiss agrichemicals firm Syngenta. The logic behind the deal is clear: Monsanto ranks as the world\u2019s largest purveyor of seeds while Swiss-based Syngenta is the world\u2019s largest pesticide and fertilizer company.<\/p>\n<p>A Monsanto-Syngenta tie-up would \u201cdeliver substantial synergies that create value for shareholders of both companies\u201d, said Monsanto president and COO,\u00a0<span class=\"st\">Brett Begemann,\u00a0<\/span>adding that cash from these side deals would make an acquisition easier to finance. It would also be the largest-ever acquisition of a European company by a U.S. rival.<\/p>\n<p>The target, Syngenta, seems somewhat less enthusiastic. It is the second time in as many weeks that Monsanto has tabled an unsolicited offer for its Swiss competitor. The first time, on May 8, Syngenta politely but firmly rebuffed Monsanto, saying that the offered price of $45 billion undervalued the company. In response to the latest offer Syngenta said a sell-off of its seeds business would not be enough to allay regulators\u2019 concerns about the tie-up.<\/p>\n<p><strong>The 2 C\u2019s: Consolidation and Concentration<\/strong><\/p>\n<p>If the deal is consummated, the two companies combined would form a singular agribusiness behemoth that controls a third of both the globe\u2019s seed and pesticides markets, as Mother Jones\u00a0<a href=\"http:\/\/www.motherjones.com\/tom-philpott\/2015\/05\/monsanto-syngenta-merger-45-billion-pesticides\" target=\"_blank\"><u>reports<\/u><\/a>:<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>To make the deal fly with US antitrust regulators, Syngenta would likely have to sell off its substantial corn and soybean seed business, as well its relatively small glyphosate holdings, in order to avoid direct overlap with Monsanto\u2019s existing market share, the financial website Seeking Alpha reports.<\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monsanto Bites Back Monsanto, the U.S. agribusiness giant that controls a quarter of the entire global seed market, could soon be even bigger and more powerful than it already is, following renewed speculation over its interest in Swiss agrichemicals firm Syngenta. The logic behind the deal is clear: Monsanto ranks as the world\u2019s largest purveyor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[19,5663,20,5660,4065,4130,372,4131,624,1166,5661,5662,4255],"class_list":["post-8447","post","type-post","status-publish","format-standard","hentry","category-environment","tag-agribusiness","tag-agrichemicals","tag-agriculture","tag-don-quijones","tag-fertiliser","tag-genetically-modified-organism","tag-gmo","tag-monsanto","tag-pesticide","tag-seeds","tag-syngenta","tag-takeover","tag-wolfstreet"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/8447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8447"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/8447\/revisions"}],"predecessor-version":[{"id":8448,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/8447\/revisions\/8448"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}