03-02-2017 17:45 via news.yahoo.com

EU set to approve ChemChina's $43 bln bid for Syngenta: sources

ChemChina [CNNCC.UL] is set to secure conditional EU antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta , the largest foreign acquisition by a Chinese company, two people familiar with the matter said on Thursday. Syngenta's portfolio of top-tier chemicals and patent-protected seeds would boost its potential output. The Chinese state-owned company has agreed to minor concessions to allay the European Commission's concerns over its takeover of the world's lar
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