U.S. Watchdog Officially Clears ChemChina’s Takeover of Syngenta

A U.S. regulator has cleared ChemChina’s blockbuster takeover of Swiss pesticides and seeds group Syngenta, the companies said on Monday.

China National Chemical Corporation (ChemChina) and Syngenta today announced that the companies have received clearance on their proposed transaction from the Committee on Foreign Investment in the United States (CFIUS),” a joint statement released by Syngenta said.

“In addition to CFIUS clearance, the closing of the transaction is subject to...

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