AgroPages-Syngenta delisted Devgen-Agricultural news

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Syngenta announced that Devgen has been delisted from NYSE Euronext Brussels. Syngenta will hold 100% of the Devgen shares upon the closing and settlement of the squeeze-out. The squeeze-out opened on February 6, 2013 and closed on February 26, 2013 (16:00 Central European Time). Prior to the opening of the squeeze-out, 98.32% of Devgen shares had already been tendered into Syngenta’s bid. The results of the squeeze-out will be announced to the public on March 5, 2013 and payment of the shares and warrants tendered during the squeeze-out will take place on March 8, 2013.

The prospectus relating to the tender offer and the Devgen Board memorandum of response recommending the offer were approved by the Belgian Financial Markets and Services Authority on November 8, 2012.