ChemChina’s takeover deal rejected

Syngenta’s logo is seen at the Swiss company’s headquarters in Basel. Syngenta AG, the world’s largest agrichemicals company, has rejected a US$42 billion takeover offer by China National Chemical Corp (ChemChina), citing regulatory concerns, Bloomberg News reported yesterday. Citing unidentified sources, Bloomberg News said that Syngenta was still in talks with ChemChina as well as other suitors, and that a deal could be reached within weeks. — Reuters ...

November 14, 2015, Saturday

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