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
Tag Archives syngenta — page 8
Canada’s competition watchdog clears Syngenta takeover
Syngenta sees ChemChina deal closing in second quarter
Reuters — Swiss pesticides and seeds group Syngenta pushed back the expected closure of its agreed US$43 billion takeover by ChemChina to the second quarter of 2017, but said it was making progress in winning regulatory approval for the deal. The transaction is important for China, the world’s largest agricultural market, which is looking to […] Read more
EU said set to approve ChemChina bid for Syngenta
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
ChemChina seeks U.S. antitrust approval for Syngenta deal
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
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, 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
Fungicide cleared to curb verticillium wilt in potatoes
A label expansion for Syngenta’s Aprovia fungicide, to cover additional soil-borne potato diseases, makes it the first fungicide in Canada approved to suppress verticillium wilt in potatoes. Fumigants have been potato growers’ only option against the crop disease until now, Eric Phillips, Syngenta Canada’s fungicides and insecticides product lead, said in a release Thursday. Verticillium […] Read more
EU regulators delay ChemChina/Syngenta decision
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
Syngenta, DuPont patent new herbicide chemistry class
The crop chemical arms of DuPont and Syngenta are working together on a new class of herbicide chemistry they’ve jointly patented and taken to the “pre-development” stage. DuPont Crop Protection and Syngenta announced Monday they’ve published a joint patent, titled “Substituted cyclic amides and their use as herbicides,” and expect to launch herbicides based on […] Read more
Key U.S. senator remains wary of China’s Syngenta play
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
Cyber-Savvy Farmer
