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, […] Read more
Tag Archives chemchina

EU probe to hold up ChemChina’s acquisition of Syngenta

ChemChina reported ready for concessions to clinch Syngenta deal
Beijing/Zurich | Reuters — State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its US$43 billion bid for Swiss pesticide and […] Read more

Syngenta slumps after EU watchdog sparks ChemChina deal doubts
Brussels/Zurich | Reuters — Syngenta shares fell more than nine per cent on Monday after the European Commission triggered doubts about Chinese state-owned chemical company ChemChina’s US$43 billion bid for […] Read more

ChemChina, Syngenta ready to offer EU remedies over merger
Florence | Reuters — Chinese state-owned chemical company ChemChina and Swiss pesticides and seeds group Syngenta are prepared to offer concessions to EU antitrust regulators to ease concerns over their […] Read more

Agricultural merger mania fuels fears among small seed sellers
Chicago | Reuters — The U.S. Justice Department is looking into concerns that global consolidation among major seed and agricultural chemical companies may squeeze supplies of the building blocks for […] Read more

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 […] Read more

ChemChina extends tender offers for Syngenta
Zurich | Reuters — ChemChina on Tuesday extended by almost two months the deadline for Syngenta investors to tender their shares as the Chinese company seeks to complete a US$43 […] Read more

U.S. Senate judiciary committee to hold hearing on ag chem deals
Washington | Reuters — The U.S. Senate judiciary committee will hold a hearing in late September to discuss the mergers of Dow Chemical and Dupont as well as ChemChina’s purchase […] Read more

U.S. watchdog clears ChemChina’s takeover of Syngenta
Zurich | Reuters — A U.S. regulator has cleared ChemChina’s US$43 billion takeover of Swiss pesticides and seeds group Syngenta, the companies said Monday, boosting chances that the largest foreign […] Read more

U.S. EPA draft report calls out atrazine for risk to animals
Chicago | Reuters — One of the most popular herbicides in U.S. agriculture can be dangerous to animals and fish and leaves behind worrisome residue levels, the U.S. Environmental Protection […] Read more