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.
Help employers find you! Check out all the jobs and post your resume.
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.
Help employers find you! Check out all the jobs and post your resume.
