ChemChina Syngenta Acquisition vs. Bayer Monsanto Acquisition
Hi,
I am wondering why ChemChina was able to (potentially) acquire Syngenta for a "mere" 20% premium of the previous share price, whereas Bayer had to offer a 40%+ premium for Monsanto. Syngenta and Monsanto are very similar companies with a similar revenue, profit, cash flow, and work in the same industry.....