Monsanto Co and Syngenta AG are not holding any deal negotiations at this time, let alone discussions about a price for Monsanto's proposed takeover of its Swiss rival, sources familiar with both companies told Reuters on Tuesday.
A CNBC report earlier in the day, citing an unnamed source, said that at least one major investor, hedge fund manager John Paulson, believes the two agricultural firms "continue to be in deal talks and aren't far apart on price."