Deals
ChemChina’s Syngenta Takeover Seen on Track With Mega-Merger
- ChemChina seeking EU approval for takeover of Swiss company
- China said to plan consolidation of state-owned companies
China Said to Plan Sinochem, ChemChina Merger
This article is for subscribers only.
China National Chemical Corp.’s potential merger with another state-owned enterprise isn’t likely to derail the company’s $43 billion takeover of Swiss seed and pesticide maker Syngenta AG, according to analysts and traders.
China plans to merge ChemChina with Sinochem Group as the government continues its overhaul of state-owned enterprises, according to a person familiar with the matter. Combining the two companies would bring together assets of more than $100 billion.