ChemChina Said to Improve Syngenta Bid in Biggest China Takeover

  • State-owned company said to raise bid to about CHF470 a share
  • ChemChina could acquire 70% of Syngenta with option for rest

China National Chemical Corp. raised its bid for Swiss pesticide and seeds maker Syngenta AG in a potential deal that would mark the biggest-ever purchase by a Chinese company, people with knowledge of the matter said.

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