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Below you'll find a list of all posts that have been tagged as “merger”
The Federal Trade Commission (FTC) would take a look at past merger deals to see if regulators were too easy on the companies involved. That’s the promise of Joseph Simons, the White House nominee for FTC Chairman. Simons said during a Senate confirmation hearing, he would direct a formal study of closed deals, including some in the agriculture industry. He …
A research document released by Farmers and Families First shows the proposed BayerAG-Monsanto merger would reduce competition and increase cost for farmers. The white paper says the deal would create a $66 billion corporation with “unprecedented control” over the products farmers and agriculture businesses need to grow, produce and distribute food. Farmers and Families First is an advocacy organization that …
FMC Corporation Wednesday announced it has completed the closing of its two pending transactions with DuPont. The two companies signed an agreement back in March and now say all necessary conditions and approvals are completed. FMC has acquired the portion of DuPont’s Crop Protection business it had to divest to comply with the European Commission ruling related to its merger …
Syngenta is striving to strengthen its leadership position in crop protection and to become an ambitious number three in the agriculture seeds sector. In a news release this week, the company announced its priorities now that the takeover deal by ChemChina is complete. The company aims to profitably grow market share through organic growth and collaborations and is considering targeted …
ChemChina and Sinochem (Sih’-noh-kem) are planning a merger next year. Several senior bankers in Asia say the merger would create the biggest chemicals group in the world with $100 billion in revenues. The merger would come after ChemChina’s $43 billion mergers with Syngenta. A Financial Times Dot Com article says China has 1.4 billion people to feed, so the country …
State-owned ChemChina has secured its takeover of Syngenta after more than 80 percent of Syngenta shareholders approved the acquisition. The Financial Times reports 80.7 percent of shares had been tendered by the end of the offer period on Thursday evening, above the 67 percent minimum required for the deal to go ahead. The $43 billion deal, announced more than a …
Continuing a long tradition of advocating for competitive marketplaces for family farmers and ranchers, National Farmers Union (NFU) urged the Federal Trade Commission (FTC) to oppose the proposed China National Chemical Corp’s (ChemChina) acquisition of Syngenta AG. In public comments to FTC Secretary Donald S. Clark, NFU President Roger Johnson asserted that the deal further consolidates the highly globalized agricultural …
Two Farm Credit organizations serving the upper midwest will join together after both received stockholder approval. AgCountry Farm Credit Services and United FCS serve farmers in Minnesota, North Dakota, and Wisconsin, but now become AgCountry Farm Credit Services beginning on July first. The headquarters will be in Fargo, North Dakota, with the Association serving 18,000 customer-members and have nearly $7.2 …
Three Farm Credit organizations received stockholder approval to merge their businesses together into one organization. As of July first, Farm Credit Services, AgStar Financial Services, and Badgerland Financial will become Compeer Financial. The boards of directors of each organization first began looking into the possibility of merging assets back in February of last year. Each recommended moving forward with the …
The ChemChina takeover of Syngenta continues to march through the approval process this month as China has now green-lighted the deal. The acquisition received approval from the Ministry of Commerce of the People’s Republic of China, according to Syngenta. The approval from China follows approval from Mexico earlier this week, and approval with conditions by the European Union and the …
