north40000
9 years ago
FRANKFURT, Aug 3 (Reuters) - German chemicals group BASF has lined up a loan package from large multinational banks for a potential takeover offer for Syngenta, the Swiss crop chemicals maker which has received a $45 billion takeover offer from Monsanto, several people familiar with the matter said.
"BASF has committed financing in place to buy Syngenta," one of the people said, asking not to be identified because the negotiations are confidential.
BASF will only decide to submit a bid for Syngenta if Monsanto makes an offer for the Swiss group, the sources said, adding that BASF was comfortable with there being no merger at all and the status quo in the industry prevailing.
"BASF will not be a first mover but remain a reactive player," one of the people said.
BASF and Syngenta declined to comment.
Monsanto wants to combine its world-leading seeds business with Syngenta's pesticides business. Syngenta has rejected the proposal and refused to open its books, despite the offer of a $2 billion cash payment should the transaction fail to win regulatory approval.
http://finance.yahoo.com/news/basf-secures-financing-potential-syngenta-141640882.html
Golden Cross
17 years ago
SmallCap Sentinel: A Portal to New Ideas
IRVINE, Calif., Dec. 13, 2007 (PRIME NEWSWIRE) -- "The changing of a CEO is an event usually met with consternation by the market. But often times the introduction of a new steward of the company's fortunes ... especially when it is an experienced new leader ... can provide a company with a burst of enthusiasm and new business prospects," stated SmallCap Sentinel analyst D.R. Clark. "Clearly, the departure of an outgoing CEO can be seen as a detriment. But if the departing CEO has been surrounded by solid management, his skill set may vicariously be in place and his list of contacts available to them. This provides a 'jumping off' point, if you will, for the new CEO to start from, expanding the company's business using his own acumen."
A comprehensive report focusing on China-based organic rice producer China Organic Agriculture, Inc., and of interest to investors of other companies involved in the Agribusiness Marketplace including Agria Corporation (NYSE:GRO), Bunge Ltd. (NYSE:BG), and Syngenta (NYSE:SYT), has been published by financial courier StockUpTicks.com.
To view the report in its entirety, please visit: http://stockupticks.com/profiles/12-11-07.html
"This transition is occurring for China Organic Agriculture, Inc. (OTCBB:CNOA) who has replaced their CEO with Changqing Xu, a former CEO with 15 years of experience in management and five years of senior level management outside of China," Clark added. "Xu's lengthy management resume and specific expertise and experience in the agricultural space may prove a compelling marriage for CNOA's expansion and acquisition efforts."
For more information, please visit www.chinaorganicagriculture.com
For more D.R. Clark perspective, visit www.ClarkReport.com
To receive more smallcap insight, register at: http://stockupticks.com/register.html
To have your company featured on StockUpTicks.com or SmallCap Sentinel, please use the contact info below.
The SmallCap Sentinel logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3664
Statements herein contain forward-looking statements and are subject to significant risks and uncertainties that affect results. SmallCap Sentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities, but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid eighteen thousand dollars by Early Bird LLC for preparation and distribution of this report and other advertising services over a forty-five day period. This constitutes a conflict of interest as to MP's ability to remain objective in communication regarding the subject company.
CONTACT: Market Pathways/StockUpTicks
Kurt Divich, Editor
702-396-1000
Golden Cross
17 years ago
SmallCap Sentinel: Growth Through Acquisition
IRVINE, Calif., Dec. 12, 2007 (PRIME NEWSWIRE) -- "Often times as a business continues on its path to the execution of its business plan, the next step in growth is to broaden distribution of the company's flagship product. This can take the form of new partners, eager retailers or in a more bold maneuver, acquiring a leading distributor," stated SmallCap Sentinel analyst D.R. Clark. "It appears that China Organic Agriculture (OTCBB:CNOA) has chosen the latter, announcing today the acquisition of a large Chinese Food Transportation company that CNOA's CEO believes will expand distribution channels and diversify operations."
A comprehensive report focusing on China Organic Agriculture, Inc., and of interest to investors of other companies involved in the Agribusiness Marketplace including Agria Corporation (NYSE:GRO), Bunge Ltd. (NYSE:BG), and Syngenta (NYSE:SYT) has been published by financial courier StockUpTicks.com.
To view the report in its entirety, please visit: http://stockupticks.com/profiles/12-11-07.html
"It's a move that should send a signal to investors that the company is confident in their ongoing efforts in the production of organic rice," said Clark. "Already, CNOA's organic rice product is one of the most popular in China, having long become a Chinese staple. With this injection of diversity and brand expansion, CNOA's shareholders will be well-served to monitor the impact of this acquisition."
To view the report in its entirety, please visit: http://stockupticks.com/profiles/12-11-07.html
China Organic Agriculture is among the largest producers of organic rice in China. CNOA controls all aspects of the process from seeds to planting and processing, R&D and sales.
For more information, please visit www.chinaorganicagriculture.com
For more D.R. Clark perspective visit www.ClarkReport.com
To receive more smallcap insight register at: http://stockupticks.com/register.html
To have your company featured on StockUpTicks.com or SmallCap Sentinel please use the contact info below.
The SmallCap Sentinel logo is available athttp://www.primenewswire.com/newsroom/prs/?pkgid=3664
Statements herein contain forward-looking statements and are subject to significant risks and uncertainties that affecting results. SmallCap Sentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid eighteen thousand dollars by Early Bird LLC for preparation and distribution of this report and other advertising services over a forty five day period. This constitutes a conflict of interest as to MP's ability to remain objective in communication regarding the subject company.
CONTACT: Market Pathways/StockUpTicks
Kurt Divich, Editor
702-396-1000