On February 3rd, 2016 ChemChina announced its acquisition of Syngenta’s 100% outstanding share capital at $465 per ordinary share and a special dividend of CHF 5 to be paid only conditionally on the closing of the transaction. The deal comes after several failed acquisition attempts by Monsanto towards Syngenta, declined due to a reportedly too … Continue reading ChemChina still in the run for its global primacy, this time is the agrochemical giant Syngenta to fall in its arms
CHEMCHINA AND PIRELLI: WHO WANTS TO BE NEXT?
China National Chemical Corp, also known as ChemChina, agreed to buy Pirelli (PECI.MI), the world's fifth-largest tyre maker, in a € 7.1 billion ($7.7 billion) deal. This operation will put the 143-year-old Italian company in Chinese hands, and take it private again after 93 years of public listing. The offer is expected to be launched … Continue reading CHEMCHINA AND PIRELLI: WHO WANTS TO BE NEXT?
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