Switzerland's Syngenta is using Brunswick Group to handle media regarding its rejection of Monsanto's $45B acquisition play.
St. Louis-based Monsanto, which relies on Joele Frank, has proposed the largest agribusiness merger ever. A completed deal would create the No 1 worldwide supplier of seeds and crop sprays. ]
Michel Demaré, Syngenta chairman believes Monsanto's offer "does not reflect the outstanding growth prospects of Syngenta’s integrated strategy and the significant future value potential of the company’s crop-focused innovation and market leading positions."
In its statement, Monsanto said it has long respected Syngenta and believes a merger would benefit shareholders from both companies and "result in substantial synergies as the company delivers more integrated solutions to customers."
Steve Frankel and Scott Bisang represent Monsanto for Joele Frank.
Brunswick's Joe Coles/Richard Jacques (London) and Monika Driscoll/Tripp Kyle (New York) work Syngent.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
