ChemChina Offers Over $43 Billion for Syngenta

  • Acquisition would be biggest ever by a company in China
  • Deal underscores China's ambitions about food security

China National Chemical Corp. agreed to buy Swiss pesticide and seeds maker Syngenta AG for more than $43 billion in cash as the state-backed company extends its shopping spree with what would be the biggest acquisition by a Chinese firm.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.