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...
Chemical and Fertiliser
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...
U S states join Dow-DuPont merger probe: Sources
U S state attorneys general have joined a federal antitrust probe of the planned merger between DuPont and Dow Chemical Co , according to three people familiar with the matter, heightening risks to a deal that could...
Australia watchdog has concerns on Du Pont, Dow merger
Australia’s corporate watchdog said on Thursday it had competition concerns about the planned $130 billion merger between DuPont (DD.N) and Dow Chemical Co (DOW.N) and was in touch with overseas regulators on the...
CCI clears Mitsubishi Chemicals-Chatterjee Group deal
NEW DELHI: The Competition Commission has approved the proposed acquisition of controlling stake in Mitsubishi Chemicals Corporation (MCC) PTA India by Kolkata- based The Chatterjee Group. MCC PTA India is a subsidiary...
Monsanto Talked to Three Other Companies Before Bayer Deal
Monsanto Co. talked to three other companies about potential transactions in the months leading up to its agreement to be acquired by Bayer AG for $65.7 billion, the largest ever agricultural takeover. Details of the...
