Syngenta Reportedly Rejects ChemChina Offer

November 13, 2015 06:22 AM
Syngenta Reportedly Rejects ChemChina Offer

Swiss pesticide maker Syngenta is a target of China National Chemical Corp., otherwise known as ChemChina.

According to people with knowledge of the matter, ChemChina's 41.7 billion franc ($42 billion) offer has been rejected by Syngenta because of regulatory risk. A takeover would be the largest by a Chinese company of a European target.

Syngenta is said to be talking to other potential suitors. Earlier this year it spurned a $47 billion takeover approach from Monsanto, the world's largest seeds company.


Back to news



Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer