Deals
Paulson Said to Build Stake in Syngenta to Support Monsanto
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Paulson & Co., the hedge fund of billionaire investor John Paulson, has taken a stake in Syngenta AG in a sign the firm backs a takeover attempt by Monsanto Co., people with knowledge of the matter said.
Paulson & Co. has amassed a large number of shares in the Swiss pesticide company that’s trying to fend off a $45 billion takeover offer from U.S. rival Monsanto Co. and is supportive of a deal between the two, said the people, who asked not to be identified discussing private information.