Agribusiness
Syngenta shareholders accept ChemChina offer
|
ChemChina has secured the support it needs from Syngenta shareholders to wrap up its record $43 billion takeover of the Swiss agrochemicals company popular among U.S. farmers.
Big Ag Watch (https://big-agwatch.org/tag/chemchina/)
ChemChina has secured the support it needs from Syngenta shareholders to wrap up its record $43 billion takeover of the Swiss agrochemicals company popular among U.S. farmers.
The first of several thousand lawsuits alleging that Syngenta cost U.S. farmers billions of dollars by releasing a variety of genetically engineered corn seed without Chinese import approval has officially gone to court.
Four key governments have approved the $43 billion proposed deal between ChemChina and Syngenta, putting it on track to reportedly close within the next two months.
Hundreds of food and farm groups are calling on recently confirmed U.S. Attorney General Jeff Sessions to step in and block a wave of billion-dollar mega mergers sweeping across America’s agriculture industry.
The European Union’s antitrust review agency is set to approve the $43 billion deal between state-owned ChemChina and Swiss agrichemicals firm Syngenta, Reuters reported Thursday, citing “two people familiar with the matter.”
Big-AgWatch.org columnist Dave Dickey weighs in on agribusiness consolidation. How will “mergerpalooza” affect American farmers?
Central Illinois corn and soybean farmer Norbert Brauer said he remembers when he could plant an acre of corn for about $100 total — but that was nearly three decades ago.
A $43 billion deal that is the largest-ever foreign takeover by a Chinese company may be facing unexpected money problems, according to recent news reports.