China’s ChemChina Near Deal For Syngenta, Swiss Seeds And Pesticides Group

China's state-owned ChemChina is nearing a deal to take over Swiss seeds and pesticides group Syngenta for around 43 billion Swiss francs ($42 billion), two people familiar with the matter told Reuters on Tuesday. The deal, for roughly 470 Swiss francs per share, will likely be announced on Wednesday, when Syngenta is scheduled to release its 2015 results, the people said. One source said minor adjustments to the price were still being discussed.

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