U.S. Sen. Chuck Grassley, shown here in a video on his website in September discussing consolidation in the seed and ag chem sectors, has raised concerns that ChemChina, when or if it takes over Syngenta, might invoke sovereign immunity to block claims filed against it in U.S. courts. (Grassley.senate.gov)

Key U.S. senator remains wary of China’s Syngenta play

Beijing | Reuters — A powerful U.S. senator said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion, could use U.S. sovereign immunity laws to shield itself from claims in U.S. courts. Some Chinese state-owned entities have argued that they have sovereign immunity and thus

(Syngenta.com)

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


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

ChemChina reported ready for concessions to clinch Syngenta deal

Beijing/Zurich | Reuters — State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its US$43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Clinching China’s biggest-ever foreign acquisition is taking longer than planned amid a flurry



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

ChemChina, Syngenta ready to offer EU remedies over merger

Florence | Reuters — Chinese state-owned chemical company ChemChina and Swiss pesticides and seeds group Syngenta are prepared to offer concessions to EU antitrust regulators to ease concerns over their US$43 billion deal, a person familiar with the matter said Friday. The companies will meet European Commission officials on Monday in a meeting called by

Comment: Closing the barn door after the fact

Sudden concern about mergers on the part of politicians is too little, too late

One of the oldest truisms agriculture offers is the simple, rock-solid advice that the time to close the barn door is before the cows get out. Closing the door afterwards, as everyone knows, is pointless because the cows are already long gone. Everyone, except of course, the U.S. Congress which, on Sept. 20, hosted a


(Dow.com)

Agricultural merger mania fuels fears among small seed sellers

Chicago | Reuters — The U.S. Justice Department is looking into concerns that global consolidation among major seed and agricultural chemical companies may squeeze supplies of the building blocks for widely used genetically modified seeds, a farm group told Reuters. The department has asked the American Soybean Association for details about how small and independent

Andrew Mann, CEO of Adama’s Canadian arm, announced the company’s rebranding from MANA Canada in 2014. (Dave Bedard photo)

Chinese pesticide firm to buy Adama Agricultural

Hong Kong | Reuters — China’s Hubei Sanonda will acquire Israel’s Adama Agricultural Solutions for about 18.6 billion yuan (C$3.67 billion), Sanonda said on Tuesday. Pesticide firm Sanonda, based in China’s central Hubei province, also said it aimed to raise up to 2.5 billion yuan (C$493 million) in a private placement of shares to help


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

ChemChina extends tender offers for Syngenta

Zurich | Reuters — ChemChina on Tuesday extended by almost two months the deadline for Syngenta investors to tender their shares as the Chinese company seeks to complete a US$43 billion takeover of the Swiss pesticides and seeds group. Investors in Basel-based Syngenta now have until Nov. 8 to tender their shares unless this is