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DewDiligence

09/21/12 11:17 AM

#5746 RE: DewDiligence #5649

SYT offers to acquire Belgian company, Devgen, for rice and RNAi know-how:

http://finance.yahoo.com/news/syngenta-announces-public-offer-devgen-050100432.html

Syngenta today announced a bid for the Belgian company Devgen, a global leader in hybrid rice and RNAi technology. Completion of the transaction would enable Syngenta to combine its leading crop protection portfolio with Devgen's best-in-class rice hybrids and broad germplasm diversity. Devgen also brings proven expertise in RNAi-based insect control, for which the two companies signed a global license and research agreement to develop spray applications in May.