The government-owned China National Chemical Corporation, also known as ChemChina, last week offered Swiss pesticide and seed company Syngenta $43 billion in a takeover attempt. Syngenta has put the offer on the table to their shareholders, who would need to approve the takeover. The deal would need to overcome antitrust regulatory hurdles in the United States, and could also raise U.S. national security concerns. Syngenta is a major player in the biotechnology arena.
Syngenta agrees to $43 billion takeover by ChemChina
February 9, 2016 in Genetic Engineering
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