GFM Network News


Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)

EU clears ChemChina’s Syngenta takeover, with conditions

Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China boost its domestic agricultural output. The deal is one of several reshaping the agricultural chemicals and seeds market, even as these deals trigger fears among […] Read more

(Adama.com/YouTube)

ChemChina, Syngenta win U.S. antitrust approval for deal

Washington | Reuters — The China National Chemical Corp., or ChemChina, has won U.S. antitrust approval to buy Switzerland’s Syngenta on condition that it divest three pesticides, the Federal Trade Commission said on Tuesday. To win approval for the $43 billion deal, the companies agreed to divest ChemChina’s generic production of the herbicide paraquat, the […] Read more





Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)

ChemChina says Syngenta deal filing accepted by Beijing

Beijing | Reuters –– ChemChina said Monday that Beijing had accepted its application for regulatory approval of its US$43 billion takeover of Syngenta last month. Earlier Gao Hucheng, who retired as commerce minister less than two weeks ago, said the government had not received a formal filing for China’s largest overseas acquisition. Speaking to Reuters […] Read more



Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)

Canada’s competition watchdog clears Syngenta takeover

Canada’s farmers aren’t likely to see less competition for their crop chemical dollars if the owner of Adama Canada buys Syngenta, the Canadian antitrust watchdog has ruled. The Competition Bureau on Tuesday issued a “no action” letter for the takeover of Syngenta by China National Chemical Corp. (ChemChina), saying the deal is “unlikely to result […] Read more



Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

EU said set to approve ChemChina bid for Syngenta

Brussels | Reuters — ChemChina is set to secure conditional EU antitrust approval for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, two people familiar with the matter said on Thursday. The deal — the largest foreign acquisition by a Chinese company — is important for China, the world’s largest agricultural market, […] Read more

(Syngenta.com)

ChemChina seeks U.S. antitrust approval for Syngenta deal

Beijing | Reuters –– China National Chemical Corp., or ChemChina, said Friday it has sought the U.S. antitrust regulator’s approval for its planned US$43 billion acquisition of Swiss crop protection and seed group Syngenta. “We have filed an HSR Act with the FTC after good communications with the case team. We believe the U.S. anti-trust […] Read more