www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

ChemChina makes $43b takeover bid for Syngenta

By Zhong Nan and Fu Jing (China Daily) Updated: 2016-02-04 07:45

ChemChina makes $43b takeover bid for Syngenta

[Photo/IC]

China National Chemical Corp (ChemChina) offered Swiss agrochemical and seeds producer Syngenta more than $43 billion on Wednesday to acquire its entire stake.

It is the biggest acquisition sought by a Chinese company in the global market.

China observers say increased merger and acquisition activities by Chinese businesses in Europe and globally have helped with economic recovery and job creation.

If the Syngenta acquisition goes ahead, it will be another significant Swiss deal after the sale of Addax Petroleum, a former Geneva-based company, to Sinopec in 2009 for $7.6 billion.

The takeover bid comes hot on the heels of Chinese shipping giant Cosco consolidating its hold on the Greek port of Piraeus in January, when it agreed to pay 368.5 million euros ($402 million) for a 67 percent stake to help boost the moribund Greek economy.

For ChemChina, the Swiss offer comes after it said at the start of January that it had bought Germany's KraussMaffei machinery supplier for 925 million euros-the biggest outbound investment from China into Germany.

For the latest offer, the two companies have agreed that Syngenta's board of directors will unanimously recommend ChemChina's offer to buy 100 percent of their company's equity. The offer price is $465 per share in cash, and the acquisition is subject to antitrust reviews and approval from countries involved.

Syngenta is the largest European producer of hybrid seeds and crop protection products.

The company said in a statement on its website that ChemChina is an ideal partner to accelerate Syngenta's next phase of development in China and other emerging markets.

Ren Jianxin, chairman of ChemChina, said it would continue to work alongside management and employees at Syngenta to maintain the company's leading competitive edge in global agricultural technology.

ChemChina will maintain Syngenta's operations, management and employees, and retain its headquarters in Basel, Switzerland. It will further enhance Syngenta's reputation by continuing to invest in its agricultural solutions and innovative capabilities, Ren said.

Tian Zhihong, a professor of food security and grain trade at China Agricultural University in Beijing, said, "This deal would help ChemChina to become the world's biggest supplier of agrochemicals and pesticides, as well as competing with its US rival, Monsanto."

Fredrik Erixon, director of the European Centre for International Political Economy in Brussels, said the huge deal would have an impact on the sector, but it was too early to say how it would reshape it.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产自产21区 | 日韩精品另类天天更新影院 | 九九热爱视频精品视频高清 | 欧美一级免费观看 | 国产免费久久 | 久久精品国产99精品最新 | 欧美一级日本一级韩国一级 | 国产aaa女人十八毛片 | 国产精品午夜免费观看网站 | 夜色sese| 欧美日韩综合精品一区二区三区 | 国产福利精品在线观看 | a一级毛片视频免费看 | 日韩在线视频观看 | 一区二区中文字幕在线观看 | 国产成人精品一区二区三在线观看 | 在线观看黄网视频免费播放 | 欧美hdvideosex4k| 国产孕妇孕交视频 | 亚洲欧美一区二区三区 | 欧美精品午夜毛片免费看 | 美女视频黄在线观看 | 日韩视频免费一区二区三区 | 欧美一级高清片在线 | 久热免费在线观看 | 国产人成| 亚洲欧美专区精品久久 | www欧美在线观看 | 欧美一级欧美三级在线观看 | 奇米影视7777久久精品 | 一级成人a毛片免费播放 | 美女视频黄a | 日本欧美一区二区三区不卡视频 | 中文字幕精品一区二区2021年 | 久久久久久国产精品免费免 | 日本高清不卡中文字幕 | 视频一区亚洲 | 国产三级在线观看免费 | 男人的天堂在线观看免费 | 韩国美女爽快一级毛片黄 | 国产精品亚洲专区在线播放 |