GFM Network News


EU probe to hold up ChemChina’s acquisition of Syngenta

Brussels | Reuters — European Union antitrust regulators on Friday opened an in-depth investigation into state-owned Chinese chemicals group ChemChina’s US$43 billion bid for Swiss pesticides and seeds group Syngenta, China’s biggest-ever foreign acquisition. Syngenta’s shares plunged over nine per cent on Monday after the European Commission said the companies had not allayed its concerns […] Read more

EU regulators to investigate Dow, DuPont merger

Brussels | Reuters –– EU antitrust regulators have opened a full investigation into Dow Chemical and DuPont’s proposed US$130 billion merger, saying the deal may reduce competition in crop protection, seeds and some petrochemicals. The European Commission said the deal, which would create the world’s largest integrated crop protection and seeds company, may also hurt […] Read more