27 Aug 2015 --- Monsanto has dropped its roughly $46 billion bid for pesticides-focused rival Syngenta, bringing an end to a strongly resisted takeover bid that would have reshaped the global agriculture industry. A statement read: “While Monsanto Company continues to believe a combination with Syngenta would have created tremendous value for shareowners of both companies and farmers, Syngenta has communicated that Monsanto’s enhanced proposal did not meet Syngenta’s financial expectations."