Monsanto has given up on its desire to buy Syngenta.
It offered $47 billion, but Syngenta’s shareholders wanted
more.
Had the takeover succeeded, Monsanto would have sold
Syngenta’s seed business because adding that would have been too much market
share.
Dow AgroSciences said it would make an offer to buy the seed
business, but that was conditional on Monsanto succeeding.