-
6 Deals Are Live In Chemical Sector: Where Do They Stand?
Monday, June 12, 2017 - 3:17pm | 905Read More...Updating the M&A scenario in the chemicals space, Bernstein said in a note on Monday that there are currently six M&A live deals in its covered chemicals space, now that the PPG Industries, Inc (NYSE: PPG)–Akzo Nobel N.V. (ADR) (OTC: AKZOY) deal has been called off. Analysts Jeremy...
-
The Many Facets Of Financial Engineering: Bayer/Monsanto
Friday, May 20, 2016 - 8:47am | 304Read More...Monsanto Company (NYSE: MON) has received an unsolicited, non-binding proposal to be acquired by Bayer. Bernstein’s Jeremy Redenius maintained an Underperform rating for Monsanto, with a price target of $80. The analyst commented that while some tax benefits were likely, they would not...
-
Bernstein Still Thinks Bayer-Monsanto Takeover Is A Huge Stretch
Thursday, May 19, 2016 - 9:33am | 255Read More...Monsanto Company (NYSE: MON) has received an unsolicited, non-binding proposal to be acquired by Bayer. Bernstein’s Jeremy Redenius maintained an Underperform rating for Monsanto, with a price target of $80. Commenting that the deal appears to be “a big financial stretch,”...
-
'Bayer Doesn't Need Monsanto, But We Can't Rule Out A Bid,' Bernstein Says
Friday, May 13, 2016 - 10:10am | 325Read More...According to a Bloomberg report, Bayer AG (ADR) (OTC: BAYRY) “is exploring a potential bid for U.S. competitor” Monsanto Company (NYSE: MON). Bernstein’s Jeremy Redenius maintained an Outperform rating on Bayer with a price target of €125, while maintaining an...
-
Monsanto Won't Counter ChemChina's Bid For Syngenta, Bernstein Analyst Says
Thursday, February 4, 2016 - 10:14am | 423Read More...Syngenta AG (ADR) (NYSE: SYT) shares have appreciated 17.47 percent over the past three months, to a high of $80.23 on February 3. Bernstein’s Jeremy Redenius has maintained an Outperform rating on Syngenta, while raising the price target from $91.90 to $92.20. Syngenta announced...





