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
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?