ChemChina wows with $43b purchase of Syngenta

The Chinese state-owned chemicals producer's bid for the Swiss agrochemicals group would be largest-ever offshore acquisition by a Chinese company.

ChemChina wows with $43b purchase of Syngenta

China National Chemical Corporation ChemChina underlined its credentials as China’s most aggressive offshore state-owned acquirer with a $43 billion bid for Syngenta that would, if successful, mark the largest-ever offshore acquisition by a Chinese company.

ChemChina said it had bid $465 per share in cash for all of the equity of the Swiss seed and pesticide maker, as well as offering a special CHF5 dividend to Syngenta’s shareholders, provided they approve the...

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