Acer Inc founder Stan Shih said he would welcome a takeover of the struggling Taiwanese computer maker after a steep fall in its share price, while warning any potential buyer would pay a heavy price.
http://www.reuters.com/article/2015/08/27/us-acer-m-a-idUSKCN0QW0MQ20150827
Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion.
A combination with Basel-based Syngenta would have made Monsanto the world’s largest producer of farming chemicals, on top of its market-leading seed business. But the Swiss company rejected a series of unsolicited offers from the American company.
Monsanto confirmed Wednesday that it had raised its offer last week to 470 francs per share, or nearly $47 billion, from a previous offer of about $45 billion. Additionally, the company confirmed it had raised its proposed breakup fee to $3 billion from $2 billion. That’s the amount Monsanto would have paid Syngenta if it had been unable to get regulatory approval to complete the deal.
A combination with Basel-based Syngenta would have made Monsanto the world’s largest producer of farming chemicals, on top of its market-leading seed business. But the Swiss company rejected a series of unsolicited offers from the American company.
Monsanto confirmed Wednesday that it had raised its offer last week to 470 francs per share, or roughly $47 billion, from a previous offer of about $45 billion. Additionally, the company confirmed it had raised its proposed breakup fee to $3 billion from $2 billion.
http://www.infowars.com/monsanto-abandons-takeover-bid-for-swiss-rival-syngenta/
#AllTheNews 