(Adama.com/YouTube)

Syngenta sees no sale of ChemChina’s Adama to smooth merger

Davos, Switzerland | Reuters –– Syngenta, the Swiss pesticides and seeds group being taken over by ChemChina, does not expect antitrust regulators to force the Chinese state-owned company to put its subsidiary Adama up for sale, Syngenta’s CEO said on Tuesday. “Adama will not need to be sold. There will be some remedies in both […] Read more

Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

Syngenta, ChemChina submit remedy proposals to EU

Hong Kong/Beijing | Reuters — China National Chemical Corp (ChemChina) and Swiss pesticides and seeds group Syngenta have proposed remedies to the European Union’s competition watchdog to address concerns over their US$43 billion merger agreement. The European Commission’s website showed “commitments” submitted on Monday, which typically means the parties have proposed remedies such as asset […] Read more

(Syngenta.com)

EU probe to hold up ChemChina’s acquisition of Syngenta

Brussels | Reuters — European Union antitrust regulators on Friday opened an in-depth investigation into state-owned Chinese chemicals group ChemChina’s US$43 billion bid for Swiss pesticides and seeds group Syngenta, China’s biggest-ever foreign acquisition. Syngenta’s shares plunged over nine per cent on Monday after the European Commission said the companies had not allayed its concerns […] Read more

Andrew Mann, CEO of Adama’s Canadian arm, announced the company’s rebranding from MANA Canada in 2014. (Dave Bedard photo)

Chinese pesticide firm to buy Adama Agricultural

Hong Kong | Reuters — China’s Hubei Sanonda will acquire Israel’s Adama Agricultural Solutions for about 18.6 billion yuan (C$3.67 billion), Sanonda said on Tuesday. Pesticide firm Sanonda, based in China’s central Hubei province, also said it aimed to raise up to 2.5 billion yuan (C$493 million) in a private placement of shares to help […] Read more