Syngenta Makes $518M Offer to Buy Devgen, Boost Access to RNAi Tech for Ag-Bio | GenomeWeb

As the interest of ag-bio firms in RNAi and microRNA technologies heats up, crop sciences firm Syngenta has made an all-cash bid to acquire Devgen and its portfolio of RNAi-based crop-enhancement and -protection technologies.

According to Syngenta, it aims to buy all Devgen shares and warrants at a price of €16 ($20.70) per share, which represents a 70 premium on Devgen's stock on NYSE Euronext Brussels prior to the disclosure of the offer. The total value of the deal is estimated at around €400 million ($518 million).

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

A trial upgrade to GenomeWeb Premium gives you full site access, interest-based email alerts, access to archives, and more. Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Register for Free Content
You can still register for access to our free content.

In Science this week: convergent evolution in bird hemoglobin, and more.

The Wall Street Journal speaks with patients affected by questionable test results from Theranos.

Researchers link variants in TACR3 to hot flashes during menopause, Live Science reports.

Kuwait says it will alter its law requiring citizens and visitors to provide DNA samples, New Scientist reports.