Agri-Business
It has recently been revealed that ChemChina's $43 billion takeover of Swiss Company Syngenta has now been officially completed.
The proposed merger of Syngenta AG by the ChemChina has agreed a deal with the Federal Trade Commission in the US.
Concerns about increased costs to farmers that may arise from the reduction in competition arising from the ongoing consolidation in the agrochemical will be taken into account.
Chinese state owned Chemchina has sought approval from the European Commission for its $43 billion bid for Swiss company Syngenta.
ChemChina has received clearance from a US security panel on its $43 billion takeover of Swiss agri-business Syngenta.
Syngenta, the Swiss agribusiness that produces agrochemicals and seeds has received a takeover offer of $43 billion from a Chinese company.