Southern Crop

Southern Crop

ChemChina Required to Sell Assets of Three Pesticide Products to Gain Approval

The Federal Trade Commission told ChemChina on Tuesday that the agency approves ChemChina’s $43 billion purchase of Syngenta AG, but will require ChemChina to sell the assets and licensing of three specific pesticides.

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ChemChina and Syngenta AG address merger concerns

China National Chemical Corp (ChemChina) and Swiss pesticides and seeds group Syngenta AG have proposed minor concessions to the EU’s competition watchdog to address concerns over their $43 billion merger plan, sources told Reuters. One person close to the deal said it was unlikely ChemChina would have to sell its[…]

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