Posted inChina

ChemChina’s historic takeover of Syngenta becomes reality

China National Chemical Corp (ChemChina) cleared one more hurdle in its acquisition of Swiss agro-giant Syngenta on Friday, when shareholders accepted the Chinese firm’s US$43 billion offer, reports Reuters. The deal, China’s largest-ever foreign takeover, will give China access to Syngenta’s chemicals and patent-protected seeds, which will help improve China’s domestic agricultural output. Syngenta shares […]