Merger Clearance: ChemChina to Acquire Syngenta AG

Merger Clearance: ChemChina to Acquire Syngenta AG
Tuesday, August 23, 2016

Filing Status:  Cleared

Acquirer:  China National Chemical Corporation (China)

Acquired U.S. Business:  Syngenta AG (Switzerland)

Deal Value: US$43 billion

Industries:  Chemicals/Agrochemicals

Summary: China National Chemical Corporation (“ChemChina”), a Chinese state-owned chemical company, and Syngenta AG, a global Swiss agribusiness that produces agrochemicals and seeds, announced on Monday, August 22, 2016, that the companies have received clearance from CFIUS relating to the proposed acquisition of Syngenta by ChemChina. See public announcement here.

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