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Minnesota Ag News Headlines |
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ChemChina and Syngenta Transaction Cleared by CFIUS
Minnesota Ag Connection - 08/23/2016
China National Chemical Corporation (ChemChina) and Syngenta announced that the companies have received clearance on their proposed transaction from the Committee on Foreign Investment in the United States (CFIUS).
In addition to CFIUS clearance, the closing of the transaction is subject to anti-trust review by numerous regulators around the world and other customary closing conditions. Both companies are working closely with the regulatory agencies involved and
discussions remain constructive.
The proposed transaction is expected to close by the end of the year.
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