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...
Sinochem unit says has no knowledge of merger with ChemChina
Sinochem International Corp (600500.SS), a unit of state-owned Sinochem Group, said on Monday it has received no information regarding a proposed merger of its parent company with rival ChemChina. The two state-owned...
China Planning Merger of Sinochem, ChemChina
China is planning to merge Sinochem Group and China National Chemical Corp. as the government continues its overhaul of state-owned enterprises, according to a person familiar with the matter. Details of the deal, which...
ChemChina Seeks EU Approval for $43 Billion Syngenta Takeover
China National Chemical Corp. sought European Union approval for its $43 billion takeovers of Syngenta AG, one of a trio of mega-deals reshaping the global agrochemicals industry already described as “quite...
U.S. watchdog clears ChemChina takeover of Syngenta
U.S. regulator has cleared ChemChina’s blockbuster takeover of Swiss pesticides and seeds group Syngenta, the companies said on Monday. “China National Chemical Corporation (ChemChina) and Syngenta today...
ChemChina’s Syngenta acquisition close to clearing U.S. review – sources
ChemChina’s $43 billion acquisition of Syngenta AG (SYNN.S) is in the final stages of being cleared by the Committee on Foreign Investment in the United States (CFIUS), which scrutinizes deals for national...
ChemChina Buys Out Syngenta
In an effort to secure food for its large and growing population apart from getting access to cutting edge technology and global markets, China-based ChemChina (China National Chemical Corporation), which has business...
ChemChina’s Ren Chases DNA Change With $43 Billion Syngenta Bid
The blue locomotive rolled out of Zhengzhou, pulling boxcars stacked with more than 10,000 Chinese-made tires. They were heading across two continents to Germany as part of a “new silk road†initiative to boost...
China’s Sinochem weighs sale of entire 37% stake in Pirelli – Bloomberg News
China’s Sinochem Holdings Corp, the biggest investor in Pirelli & C SpA, is considering selling its entire 37% stake in the Italian tyremaker, Bloomberg News reported on Wednesday, citing people familiar with...
Mukesh Ambani buys two green firms in a day, brings REC Group and Pallonji’s Sterling into Reliance fold
After announcing the $771 million acquisition of REC Solar from ChemChina, Reliance Industries is also buying Sterling and Wilson Solar from its promoters, making a big splash towards its renewable energy foray, the...
RIL eyes entering new materials, renewable energy biz through acquisitions
Reliance Industries (RIL) is looking to speed up its entry into the new materials and renewable energy business through fresh acquisitions. RIL Chairman Mukesh Ambani had announced that the company will be going global...
Italian brake maker Brembo treads new path with Pirelli stake
Italy’s Brembo, which make brakes for Ferrari, Tesla, BMW and Mercedes as well as several Formula 1 teams, has taken a small “long-term” stake in tire maker Pirelli. Brembo said on Tuesday it had decided to buy the 2...