Posted inChina, World

ChemChina-Sinochem merger to create world’s largest chem group

Following the announcement last week that Swiss agrochemical leader Syngenta’s board accepted ChemChina’s US$43 billion purchase offer, there is news of an accompanying merger move. The Financial Times reports that ChemChina is planning to merge with Sinochem to help ensure the financial strength to absorb Syngenta, citing several senior bankers in Asia. The move would […]