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ChemChina Seeks EU Approval for $43 Billion Syngenta Takeover

  • EU’s antitrust chief has warned of concentrated farm market
  • Deal has initial Oct. 28 deadline for an EU decision

China National Chemical Corp. sought European Union approval for its $43 billion takeover of Syngenta AG, one of a trio of mega-deals reshaping the global agrichemicals industry already described as “quite concentrated” by the bloc’s antitrust chief.

The European Commission set an initial Oct. 28 deadline to rule on the deal, according to a website filing on Monday.