ChemChina Archives - Page 2 of 5

EU regulators said set to clear Dow, Syngenta deals next week

By GFM Network News March 23, 2017

Brussels | Reuters — EU antitrust regulators are set to clear the US$130 billion Dow Chemical and DuPont merger and ChemChina’s US$43 billion bid for Syngenta next week, people familiar with the matter said Thursday. The European Commission could announce its approvals for both companies at the same time either Monday or Tuesday, the people […] Read more

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

Crops, Reuters

ChemChina says Syngenta deal filing accepted by Beijing

By GFM Network News March 6, 2017

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

Crops

Canada’s competition watchdog clears Syngenta takeover

By Grainews Staff, GFM Network News February 14, 2017

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

Crops, Reuters

Syngenta sees ChemChina deal closing in second quarter

By GFM Network News February 8, 2017

Reuters — Swiss pesticides and seeds group Syngenta pushed back the expected closure of its agreed US$43 billion takeover by ChemChina to the second quarter of 2017, but said it was making progress in winning regulatory approval for the deal. The transaction is important for China, the world’s largest agricultural market, which is looking to […] Read more

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

Crops, Reuters

EU said set to approve ChemChina bid for Syngenta

By GFM Network News February 2, 2017

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

Crops, Reuters

ChemChina seeks U.S. antitrust approval for Syngenta deal

By Reuters, GFM Network News January 20, 2017

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

Crops, Reuters

Syngenta sees no sale of ChemChina’s Adama to smooth merger

By GFM Network News January 17, 2017

Davos, Switzerland | Reuters –– Syngenta, the Swiss pesticides and seeds group being taken over by ChemChina, does not expect antitrust regulators to force the Chinese state-owned company to put its subsidiary Adama up for sale, Syngenta’s CEO said on Tuesday. “Adama will not need to be sold. There will be some remedies in both […] Read more

Crops, Reuters

Syngenta, ChemChina submit remedy proposals to EU

By GFM Network News January 10, 2017

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 […] Read more

Crops, Reuters

EU regulators delay ChemChina/Syngenta decision

By Reuters, GFM Network News January 3, 2017

Brussels | Reuters — European Union antitrust regulators have extended the deadline for a decision on ChemChina’s proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days, to April 12. Syngenta said in a statement the two companies had asked for the extension to allow “sufficient time for the discussion of remedy […] Read more

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)

Crops, Reuters

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

By Reuters, GFM Network News November 17, 2016

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 […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives ChemChina

EU regulators said set to clear Dow, Syngenta deals next week

ChemChina says Syngenta deal filing accepted by Beijing

Canada’s competition watchdog clears Syngenta takeover

Syngenta sees ChemChina deal closing in second quarter

EU said set to approve ChemChina bid for Syngenta

ChemChina seeks U.S. antitrust approval for Syngenta deal

Syngenta sees no sale of ChemChina’s Adama to smooth merger

Syngenta, ChemChina submit remedy proposals to EU

EU regulators delay ChemChina/Syngenta decision

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

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