ChemChina has raised $20 billion mainly in perpetual bonds to finance its purchase of Swiss seeds firm Syngenta (SYNN.S), with Bank of China becoming the single largest investor providing half of that funding, according...
As Syngenta deal closes, ChemChina and Sinochem press $120 billion deal: sources
Chinese state-owned Sinochem and ChemChina are in merger talks to create the world’s biggest industrial chemicals firm, to be headed by Sinochem chief Ning Gaoning, four people with knowledge of the negotiations...
ChemChina clinches landmark $43 billion takeover of Syngenta
ChemChina [CNCC.UL] has won more than enough support from Syngenta shareholders to clinch its $43 billion takeover of the Swiss pesticides and seeds group, the two companies said on Friday. The deal, announced in...
ChemChina, Syngenta win U.S. antitrust approval for deal
The China National Chemical Corp, or ChemChina, has won U.S. antitrust approval to buy Switzerland’s Syngenta AG (SYNN.S) on condition that it divest three products, the Federal Trade Commission said on Tuesday...
Syngenta sees ChemChina takeover closing in the second-quarter
Swiss pesticides and seeds group Syngenta (SYNN.S) pushed back the expected closure of its agreed $43 billion takeover by ChemChina [CNNCC.UL] to the second quarter of 2017, but said it was making progress in winning...
EU set to approve ChemChina’s $43 billion bid for Syngenta: sources
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...
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...
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...
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...
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...