Monsanto abandons large-scale M&A strategy

Company says it will focus on R&D and commercial partnerships.

Monsanto chief executive officer Hugh Grant said April 6 on the second-quarter earnings call that the company no longer sees large-scale mergers and acquisitions (M&A) as part of its future strategy.

Grant said the company is focusing on investments with the highest returns, which translates into further research and development (R&D) or commercial partnerships. He added the company no longer considers large-scale M&A as a likely opportunity.

“Let me be clear: Ou

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish