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(Photo courtesy DuPont Argentina)
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EU regulators said set to clear Dow, Syngenta deals next week

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Brussels | Reuters — EU antitrust regulators are set to clear the US$130 billion Dow Chemical and DuPont merger and ChemChina’s US$43 billion bid for Syngenta next week, people familiar with the matter said Thursday. The European Commission could announce its approvals for both companies at the same time either Monday or Tuesday, the people […] Read more
Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)
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ChemChina says Syngenta deal filing accepted by Beijing

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Beijing | Reuters –– ChemChina said Monday that Beijing had accepted its application for regulatory approval of its US$43 billion takeover of Syngenta last month. Earlier Gao Hucheng, who retired as commerce minister less than two weeks ago, said the government had not received a formal filing for China’s largest overseas acquisition. Speaking to Reuters […] Read more
Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)
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Canada’s competition watchdog clears Syngenta takeover

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Canada’s farmers aren’t likely to see less competition for their crop chemical dollars if the owner of Adama Canada buys Syngenta, the Canadian antitrust watchdog has ruled. The Competition Bureau on Tuesday issued a “no action” letter for the takeover of Syngenta by China National Chemical Corp. (ChemChina), saying the deal is “unlikely to result […] Read more
Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)
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EU said set to approve ChemChina bid for Syngenta

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Brussels | Reuters — ChemChina is set to secure conditional EU antitrust approval for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, two people familiar with the matter said on Thursday. The deal — the largest foreign acquisition by a Chinese company — is important for China, the world’s largest agricultural market, […] Read more
(Syngenta.com)
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ChemChina seeks U.S. antitrust approval for Syngenta deal

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Beijing | Reuters –– China National Chemical Corp., or ChemChina, said Friday it has sought the U.S. antitrust regulator’s approval for its planned US$43 billion acquisition of Swiss crop protection and seed group Syngenta. “We have filed an HSR Act with the FTC after good communications with the case team. We believe the U.S. anti-trust […] Read more
(Adama.com/YouTube)
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Syngenta sees no sale of ChemChina’s Adama to smooth merger

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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)
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Syngenta, ChemChina submit remedy proposals to EU

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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)
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EU regulators delay ChemChina/Syngenta decision

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Brussels | Reuters — 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 the two companies had asked for the extension to allow “sufficient time for the discussion of remedy […] Read more
U.S. Sen. Chuck Grassley, shown here in a video on his website in September discussing consolidation in the seed and ag chem sectors, has raised concerns that ChemChina, when or if it takes over Syngenta, might invoke sovereign immunity to block claims filed against it in U.S. courts. (Grassley.senate.gov)
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Key U.S. senator remains wary of China’s Syngenta play

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Beijing | Reuters — A powerful U.S. senator said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion, could use U.S. sovereign immunity laws to shield itself from claims in U.S. courts. Some Chinese state-owned entities have argued that they have sovereign immunity and thus […] Read more

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