Deals
ChemChina's $43 Billion Meal: Foie Gras, Spring Rolls, Syngenta
- How a newcomer from China succeeded where Monsanto failed
- From Zurich to the Great Wall, talks progressed for months
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Tuesday night’s menu at Zurich’s mountainside Hotel Atlantis was classic French, with staples like foie gras, lobster bisque and creme brulee. And then there were the spring rolls.
The Asian touch was a nod to the guests: teams from China National Chemical Corp. and Syngenta AG, gathered to fete the $43 billion merger they’d concluded hours before. The assembled executives, bankers and lawyers had plenty of justification for the champagne and celebratory photos at the hotel with sweeping views over Lake Zurich.