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ChemChina’s acquisition of Syngenta postponed, again

On 11 July, 2016, China National Chemical Corporation (ChemChina) announced on its website that it extended the acquisition time of Syngenta to 13 Sept., which is the second time that it had postponed it.

 

ChemChina acquires Syngenta: USD20 billion committed already

In June 2016, China CITIC Bank (CITIC) announced that the first distribution targeted at China National Chemical Corporation (ChemChina)’s acquisition of Switzerland based Syngenta, was successfully finished on 3 this month. Accordingly, the total commitment was 120% of the syndicated loans.

 

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