ChemChina [CNNCC.UL] is set to secure conditional EU antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta (SYNN.S), the largest foreign acquisition by a Chinese company, two people...
Actelion, Syngenta takeovers set to shake up Swiss SMI index
The looming foreign takeovers of biotech group Actelion and agrochemicals firm Syngenta look set to trigger the biggest shake-up in the Swiss blue-chip SMI index.SSMI in years just as passive investing makes membership...
EU regulators delay ChemChina/Syngenta merger decision to April 12
European Union antitrust regulators have extended the deadline for a decision on ChemChina’s proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days to April 12. Syngenta said in a statement...
Insecticides India ties up with Japanese firm Nihon Nohyaku
Agrochemicals firm Insecticides India LtdBSE 4.67 % (IIL) today said it has tied up with Japan’s Nihon Nohyaku Co Ltd for launching of new generation insecticides for different crops under the brand name SUZUKA...
Morgan Stanley PE Asia buys 20% in ZCL for Rs 170 crore
Morgan Stanley Private Equity Asia has picked up about 20% stake in ZCL Chemicals Ltd, formerly known as Zandu Chemicals, for Rs 170 crore. The capital, raised from the private equity arm of global financial services...
Vale agrees $2.5 billion sale of fertilizer business to Mosaic
Brazil’s Vale SA on Monday agreed to sell part of its fertilizer business to Mosaic Co for $2.5 billion to cut debt while giving Mosaic greater access to Brazil’s huge agricultural market. U.S. fertilizer...
ChemChina setting up $5 billion fund to help finance Syngenta bid: Basis Point
China National Chemical Corp (ChemChina) is setting up a fund that will aim to raise $5 billion to help finance its purchase of Swiss seeds group Syngenta (SYNN.S), two sources with direct knowledge of the matter told...
CCI clears Tata Chemicals-Yara Fertilisers deal
NEW DELHI: The Competition Commission has approved the proposed acquisition of urea and customised fertilizers business of Tata ChemicalsBSE 2.57 % by Norway’s Yara Fertilisers. Under the deal, Tata Chemicals will...
Rallis to buy 26.37% more stake in subsidiary for Rs 20 crore
NEW DELHI: Tata group’s agrochemical firm Rallis IndiaBSE 3.34 % will acquire an additional 26.37 percent stake in its arm Zero Waste Agro-Organics for nearly Rs 20 crore, making the company a wholly-owned...
EU delays ChemChina/Syngenta merger decision to March 29
The European Commission has pushed back its deadline for a decision on ChemChina’s plan to acquire Swiss pesticides and seeds group Syngenta (SYNN.S) by 10 working days to March 29. The Commission, which handles...
Bayer to raise four billion euros via convertible notes for Monsanto deal
German chemicals and healthcare group Bayer AG (BAYGn.DE) is selling 4 billion euros ($4.3 billion) worth of mandatory convertible notes to help fund its proposed acquisition of U.S. seeds company Monsanto Co (MON.N)...
EU investigation into $130 billion Dow, DuPont deal resumes
Dow Chemical (DOW.N) and DuPont (DD.N) have provided key data allowing the European Union antitrust regulators to resume scrutiny of their $130 billion mergers, the European Commission said on Wednesday. The EU...
