-
ChemChina Looking To Raise $35 Billion In Loans To Help Finance Takeover Of Syngenta
Monday, February 29, 2016 - 8:33am | 196Banks are eager to provide China National Chemical Corp., also known as ChemChina, with at least $35 billion to help finance its $43 billion acquisition of Syngenta AG (ADR) (NYSE: SYT). Bloomberg, citing "people familiar with the matter," said that ChemChina has hired China Citic...
-
The Biggest Chinese M&A In History? Here's How You Could've Heard First And Made Money
Wednesday, January 20, 2016 - 6:02pm | 560Syngenta AG (ADR) (NYSE: SYT) is one stock that has bucked the market selloff in a big way. The agribusiness giant’s shares are up 11 percent since the beginning of November 2015; the Dow is down 10.3 percent over that time. So why the massive outperformance? Developments in the M&A...
-
Bloomberg Reports Syngenta-ChemChina Closer To Reality; Furthering Original Benzinga Report
Friday, January 15, 2016 - 4:07pm | 294Benzinga reported in early December that the Chinese state-owned chemical company China National Chemical Corp, also known as ChemChina, was in talks to acquire Syngenta AG (ADR) (NYSE: SYT), a Switzerland-based agribusiness for $44 billion. As of Friday afternoon, Syngenta was trading with a...