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

EU said set to approve ChemChina bid for Syngenta

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

Syngenta, ChemChina submit remedy proposals to EU

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Hong Kong/Beijing | Reuters — China National Chemical Corp (ChemChina) and Swiss pesticides and seeds group Syngenta have proposed remedies to the European Union’s competition watchdog to address concerns over their US$43 billion merger agreement. The European Commission’s website showed “commitments” submitted on Monday, which typically means the parties have proposed remedies such as asset
(Syngenta.com)
Crops

EU probe to hold up ChemChina’s acquisition of Syngenta

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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)
Crops

ChemChina reported ready for concessions to clinch Syngenta deal

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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)
Crops

ChemChina, Syngenta ready to offer EU remedies over merger

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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
(EC.europa.eu)
Livestock

EU’s Juncker seeks to win over Austria on CETA

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Strasbourg | Reuters –– European Commission President Jean-Claude Juncker expressed optimism on Wednesday that EU governments would agree a contentious free trade deal this month ahead of a meeting with a skeptical Austrian chancellor. Juncker said the EU needed to ensure that a deal agreed with Canada two years ago entered into force in a
DuPont’s headquarters in Delaware. (DuPont.com)
Crops

EU regulators halt Dow, DuPont merger review to gather data

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Brussels | Reuters — European Union antitrust regulators have halted their scrutiny of Dow Chemical and DuPont’s proposed merger while the companies provide more information regarding their US$130 billion deal. The European Commission opened a full investigation into the case in August, concerned that the deal to create the world’s largest integrated crop protection and

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