EU opens in-depth probe of Syngenta, ChemChina deal

摘要

THE European Commission announced Oct. 28 that it has launched an in-depth probe to assess whether the proposed acquisition of Syn-genta by China National Chemical Corp. (ChemChina) is in line with the European Union's merger regulation.The announcement came after ChemChina missed the Oct. 21 deadline for submitting so-called remedies in the EU's early-stage review of the deal. The commission will assess whether the deal may reduce competition in crop protection products and the supplyof certain input chemicals.