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Takeover talk by rival 'wild speculation' - Monsanto executive

Reuters

NEW YORK (Reuters) - Talk of a takeover of Monsanto Co (MON.N) by rivals Bayer AG (BAYGn.DE) or BASF SE (BASFn.DE) is "wild speculation," and Monsanto is staying focussed on its own strategy, president and chief operating officer Brett Begemann said on Wednesday.

"It's all wild speculation because there’s nothing there," Begemann told Reuters on the sidelines of a BMO investor conference in New York.

(Reporting by Rod Nickel in New York; Editing by Chris Reese)