ChemChina Nears Deal to Buy Syngenta – WSJ

Jackie Pucci Posted by Jackie Pucci|2 February 2016

ChemChina is nearing a $43-billion deal to acquire Syngenta, according to the Wall Street Journal.

The deal, which could be announced as soon as tomorrow, would represent the largest foreign acquisition by a Chinese company, WSJ said.

Terms of the deal are unknown.

Monsanto dropped its bid to acquire Syngenta in August, after the Swiss company rejected its roughly $46-billion offer.

 

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