Reuters: Global Markets: Devgen shares leap 68 percent after Syngenta takeover bid

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Devgen shares leap 68 percent after Syngenta takeover bid Sep 21st 2012, 07:22 BRUSSELS | Fri Sep 21, 2012 3:22am EDT BRUSSELS (Reuters) - Shares in Belgian hybrid seed and crop protection company Devgen (DEVG.BR) rose as much as 68 percent on Friday after Syngenta (SYNN.VX), the world's largest agribusiness company, bid 403 million euros ($522 million) for the group. The shares peaked at 15.85 euros, their highest level since February 2008, and just below Syngenta's offer price of 16 euros per share. ($1 = 0.7721 euros)

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