Deals
ChemChina Has Lots of Offers to Help Finance Syngenta Takeover
- Ren Jianxin has `more offers than he can handle': Demare
- Bridge financing already in place, refinancing to be decided
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China National Chemical Corp., which agreed to buy Swiss pesticide and seeds maker Syngenta AG for more than $43 billion, said that media coverage in the run up to the deal prompted a host of calls from investors that are interested in providing financing.
"There are so many investors that are interested in investing in the company," ChemChina’s Chairman Ren Jianxin said at Syngenta’s annual press conference in Basel Wednesday. "There are many capital funds, many banks that are very interested in engaging with us on this investment opportunity."