Syngenta Corporation to Quickly Launch Veg Seeds Sale With Help of J.P. Morgan - Sources

Published: Sep 16, 2015

Swiss agricultural chemicals group Syngenta plans to imminently launch the sale of its vegetable seeds business as it aims to move quickly in generating funds for a share buyback, people familiar with the matter said.

Syngenta has asked JP Morgan to organise the sale of the unit - which has annual sales of about $650 million and may fetch around $2 billion - following the rejection of a takeover approach from Monsanto, the sources said.

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