28.09.2016 • NewsElaine BurridgeChemChinaSyngenta

ChemChina Seeks EU Approval of Syngenta Buy

(c) Syngenta
(c) Syngenta

ChemChina has filed for European antitrust approval of its $43 billion bid for Swiss agrochemicals group Syngenta. The European Commission was notified of the request on Sep. 23 and a decision is provisionally expected by Oct. 28. European regulators could either clear the merger, with or without concessions, or it could decide to open a full investigation if it is concerned that the acquisition could harm customers and competitors.

The Beijing-headquartered firm cleared one of the biggest challenges to the takeover last month when the Committee on Foreign Investment in the US (CFIUS) gave its approval to what would be the largest foreign acquisition by a Chinese company. The deal is one of many that are proceeding within the global agrochemicals industry, including mergers between Dow Chemical and DuPont, Potash Corp of Saskatchewan and Agrium, as well as Bayer’s $66 billion purchase of Monsanto.

CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.

Virtual Event

DIGITALIZATION IN THE CHEMICAL INDUSTRY

DIGITALIZATION IN THE CHEMICAL INDUSTRY

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.