Rome | Reuters – Italy has prevented Chinese-owned group Syngenta from buying vegetable seed producer Verisem, government officials said, underscoring Prime Minister Mario Draghi’s commitment to shield key assets from […] Read more
Tag Archives chemchina

Italy vetoes sale of seed producer to Chinese-owned Syngenta

Syngenta says IPO ‘on track’
Ag chem firm books higher first-half profit
Zurich | Reuters — Agricultural chemical maker Syngenta posted higher first-half profit and sales on Thursday, helped by maintaining supplies to farmers and controlling costs during the coronavirus outbreak, and […] Read more

Syngenta owner ChemChina to merge ag assets with Sinochem’s
Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, […] Read more

Chinese envoy says Syngenta takeover was a bad deal
Zurich | Reuters — Beijing’s ambassador to Switzerland said ChemChina’s US$43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the […] Read more

BASF ready to snatch seed bargains as rivals sell assets
Ludwigshafen, Germany | Reuters — BASF will consider buying seed assets that rivals are putting on the block to win antitrust approval for tie-ups, saying bargain prices could persuade BASF […] Read more

Syngenta eyes Bayer assets to bolster seed operations
Basel | Reuters — Switzerland’s Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must […] Read more

ChemChina clinches takeover of Syngenta
Zurich | Reuters –– ChemChina has won more than enough support from Syngenta shareholders to clinch its US$43 billion takeover of the Swiss pesticides and seeds group, the two companies […] Read more

China clears ChemChina’s Syngenta deal
Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. […] Read more

EU clears ChemChina’s Syngenta takeover, with conditions
Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China […] Read more

ChemChina, Syngenta win U.S. antitrust approval for deal
Washington | Reuters — The China National Chemical Corp., or ChemChina, has won U.S. antitrust approval to buy Switzerland’s Syngenta on condition that it divest three pesticides, the Federal Trade […] Read more