Mexico has signed-off on ChemChina’s acquisition of Swiss-based Syngenta. The Federal Economic Competition Commission of Mexico recently announced approval the $43 billion takeover of Syngenta by the state-owned Company, ChemChina. The two companies call the move a step towards closing the transaction, which is expected to take place in the second quarter of this year. The approval by Mexico follows …
The European Union has approved the $43 billion takeover of Syngenta by ChemChina, just a day after receiving U.S. approval. Bloomberg reports the EU approval is conditional on ChemChina’s offer to divest “a significant part” of its Adama unit’s pesticide business, some generic pesticides the unit is developing, a plant growth regulator and some of Syngenta’s pesticides along with related …
A Dow Jones report says the Dow and DuPont merger deal looks good for regulatory approval from European Union regulators. People familiar with the deal tell Dow Jones that the deal looks to be on track because the companies offered to sell some of their businesses to ease antitrust concerns.
A Kansas City, Kansas federal court will hold the first of several class-action lawsuit hearings against Syngenta over Viptera corn in June. DTN reports the first trial is scheduled for June 5th, according to a court order issued last week in the U.S. District Court of Kansas.
ChemChina has filed for U.S. antitrust approval with the Federal Trade Commission for its proposed $43 billion takeover of Syngenta.
China’s National Chemical Corporation and Syngenta submitted formal remedies to the European Union this week in an attempt to win approval by regulators of ChemChina’s planned $43 billion takeover of Syngenta.
Syngenta agronomists are calling last year’s most noxious weed, Palmer Amaranth, the number one weed to watch for in 2017. It’s continuing to spread north into new states and shows resistance to multiple herbicide modes of action.
Iowa agribusiness leader Bruce Rastetter is a Republican mega-donor who wants the incoming Trump administration to block mergers in the works between large seed and chemical companies.
ChemChina and Syngenta were issued an extension by European Union antitrust regulators to comply with the regulator’s request.