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...
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...
Flipkart, Walmart invest $145 million in Agritech platform Ninjacart
US-based retailer Walmart Inc and Flipkart Group on Monday announced to invest $145 million in agritech startup Ninjacart. This is the third time Flipkart has invested in fresh produce supply chain company Ninjacart...
Crystal Crop completes acquisition of 4 hybrid seeds from Bayer
Agro-chemical firm Crystal Crop Protection Ltd (CCPL) on Thursday said it has completed the acquisition of four hybrid seeds — cotton, mustard, pearl millet and grain sorghum — from global life sciences firm...
Italy’s Draghi vetoes third Chinese takeover this year
Italy’s Prime Minister Mario Draghi has vetoed the third Chinese takeover in the country since his government took office in February, an official Hong Kong filing by the rebuffed group showed on Tuesday. Zhejiang...
Latin America Emerges as China’s Favorite Hunting Ground for M&A
In a challenging year for Chinese companies pursuing acquisitions abroad, Latin America emerged as a region where they were able to make some corporate marriages work. Overseas acquisitions by Chinese firms are heading...
Reliance Retail gives exit option of shares for employees
Reliance Industries had received requests from Reliance Retail employees holding equity shares for providing them options to exit and liquidate their holdings, including by way of a listing of the equity shares. It has...