Monsanto Company signs share subscription agreement with Devgen
17 Sep 2007 -
Devgen and Monsanto Company announced that they have signed an agreement in which Monsanto has agreed, subject to certain customary conditions, to subscribe to 1,045,400 Devgen shares at 17.22EUR/share, totaling 18 million EUR (25 million $) and representing 5.9% of the outstanding capital of Devgen NV. Closing is expected to take place no later than November 2007. It is anticipated, that Monsanto's
becoming a shareholder of Devgen will complement the ongoing collaboration and technology exchange agreements of the companies.
Top
Contact
Print version
PDF version
Send article
RSS-Feed