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(Syngenta.com)
Crops

ChemChina said close to striking deal for Syngenta

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Reuters — China’s state-owned ChemChina is nearing a deal to buy Swiss seeds and pesticides group Syngenta for around 43 billion Swiss francs (C$59.4 billion), two people familiar with the matter said on Tuesday. The deal, for roughly 470 Swiss francs (C$649) per share, would be the biggest cross-border deal involving a Chinese buyer and
(Syngenta.com)
Crops

Syngenta still looking at different tie-ups

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Zug | Reuters — Syngenta is in talks about a possible merger and is weighing a number of options, the Swiss agrichemicals group’s chairman said Wednesday. Michel Demare said last month that the crop chemicals and seeds company was in talks with China’s state-owned ChemChina, U.S. seeds giant Monsanto and others. When asked about the
(Syngenta.com)
Crops

Syngenta said talking to Monsanto, ChemChina, others

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Zurich | Reuters — Swiss agrichemicals group Syngenta is in talks with Monsanto, ChemChina and other rivals but has not received a concrete takeover offer and is keeping all options open, chairman Michel Demare told a Swiss newspaper. “Given what shareholders expect for the next 12 months, going it alone is hardly possible,” he told
(Syngenta.com)
Crops

ChemChina to sweeten bid for Syngenta to $44B

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Reuters — State-owned China National Chemical Corp. has raised its offer to buy Syngenta by about $2 billion, to US$44 billion, proposing a two-stage takeover of the agrochemical company, Bloomberg reported, citing sources. ChemChina has offered 470 Swiss francs (C$661) per share to buy 70 per cent of Syngenta with an option to acquire the
DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Markets

Dow, DuPont to merge in deal to create chem giant

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Reuters — Chemical giants DuPont and Dow Chemical agreed to merge in an all-stock deal valuing the combined company at US$130 billion in a win for activist investors that could spark further consolidation in the farm chemicals industry. The deal to combine two of the biggest and oldest U.S. chemical producers is a prelude to
(Photo courtesy Canada Beef Inc.)
Crops

USDA regulators approve new Syngenta corn trait

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Chicago | Reuters — Syngenta on Wednesday cleared one U.S. regulatory hurdle toward domestic marketing of corn seeds containing a trait that is genetically engineered to resist weed killers including glyphosate. The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) said it will no longer regulate the Syngenta Seeds corn trait known
(Syngenta.com)
Crops

Syngenta ready to play role in sector shake-up

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Frankfurt | Reuters — Syngenta and other major seeds and crop chemicals companies are intensively discussing tie-ups, the Financial Times quoted the Swiss firm’s chairman as saying Wednesday, adding to a chorus of voices predicting a sector shake-up. Conversations among the leading players in the industry are “extremely active,” the newspaper quoted Michel Demare as
(Dave Bedard photo)
Crops

Syngenta still among options for Monsanto takeover bids

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St. Louis | Reuters — Monsanto executives are discussing whether the world’s largest seed company should acquire agrochemical rivals, including top pesticide maker Syngenta, Monsanto president Brett Begemann said Tuesday. “Everybody’s talking now. There’s multiple ways things can occur,” he said. Monsanto abandoned a $45 billion bid for Syngenta in August (all figures US$). Begemann

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