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Latest on the ChemChina-Syngenta transaction

May 31, 2017, 12:43 PM by System
Latest on the ChemChina-Syngenta transaction

China National Chemical Corporation (ChemChina) has announced the definitive end results for ChemChina’s offer to acquire Syngenta, according to which around 94.7 percent of shares have been tendered.

According to a Syngenta news release…

“Settlement for shares tendered after the expiration of the Main Offer Period will take place on June 7, 2017. ChemChina re-affirmed its intention to request the cancellation of the remaining publicly held Syngenta shares in accordance with the Swiss Financial Markets Infrastructure Act if the 98 percent threshold is exceeded.

Continue reading Latest on the ChemChina-Syngenta transaction at Brownfield Ag News.

     

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