ChemChina pushes back Syngenta offer — again

The Chinese company has delayed its record-breaking acquisition as it navigates a slew of approvals.

ChemChina pushes back Syngenta offer — again

China National Chemical Corporation, better known as ChemChina, has pushed back a tender offer for Swiss agriculture company Syngenta. It just the latest delay for a deal that is going through an almost endless layer of approvals.

The company announced on Tuesday that it was extending the offer to purchase Syngenta until November 8, 2016. ChemChina had originally hoped to close the deal in May, but has delayed several times since then.

...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: chemchina | syngenta | buyout | tender | offer | delay | postpond

Print Edition

FinanceAsia Print Edition

EVENTS