ChemChina to acquire Syngenta for $43 billion

摘要

China National Chemical Corp., also known as ChemChina, has agreed to acquire Syngenta for $43 billion, a transaction billed as the largest foreign acquisition by a Chinese company. ChemChina has offered to acquire the company at $465 per ordinary share plus a special dividend of 5 Swiss francs to be paid conditional upon and prior to closing, which equates to about 480 Swiss francs per share. Syngenta agreed to the takeover bid after spurning a $46.5 billion offer from St. Louis-based Monsanto in August 2015.