CFIUS Approves ChemChina’s Acquisition of Syngenta

A US national security panel has cleared ChemChina’s $43 billion takeover of Swiss pesticides and seeds group Syngenta the companies said on Monday [22 August 2016], boosting chances that the largest foreign acquisition ever by a Chinese company will go through…Full Article: China Daily Aug 2016 Key Point Owing to the confidentiality of the CFIUS

ChemChina to Sell US$10 Billion Preference Share Offering to Help Fund Syngenta Acquisition

China National Chemical Corp is planning to sell US$10 billion worth of preference shares in one of its units, to help fund its record US$43 billion acquisition of the world’s biggest agrochemicals company Syngenta AG, according to sources who did not want to be identified…Full Article: China.org.cn July 2016 Key Point Of the US$10 billion

ChemChina Refiles Syngenta Acquisition with CFIUS

China National Chemical Corp is seeking more time for the United States to complete a national security review of its planned takeover of Swiss chemical company Syngenta AG, according to people familiar with the matter. The companies resubmitted the $43 billion transaction to the government panel that reviews acquisitions of US businesses by foreign investors,

State-Owned ChemChina Purchases Switzerland’s Syngenta

State-owned China National Chemical Corp offered Swiss agrochemical and seed producer Syngenta AG more than $43 billion to acquire its entire stake, making it the biggest acquisition deal by a Chinese company. Two companies have reached the acquisition deal in which the board of directors of Syngenta unanimously recommended ChemChina’s offer to purchase 100 percent

China Reportedly Lifts Ban On MIR 162 Corn Variety

China’s lifting of a ban on imports of a genetically modified strain of corn is welcome news in the agricultural community, but the effect on China’s agricultural trade will still be muted by domestic surpluses, according to two analysts. Shawn McCambridge, a senior grains analyst at Jefferies Bache Commodities in Chicago, said the lifting of

China Reviewing Syngenta’s Application to Sell GM Corn MIR162

China is reviewing a new application to sell genetically modified (GM) corn to the country after previous ones were rejected for the reason of insufficient application material, according to the Ministry of Agriculture (MOA) on Friday. In March 2010, Swiss company Syngenta AG submitted an application to sell GM corn MIR162 and carry out environmental