A PYMNTS Company

EU: Syngenta CEO expects regulatory approval for ChemChina

By  |  January 16, 2017

Syngenta Chief Executive Erik Fyrwald expects regulatory approval soon for ChemChina’s proposed $43 billion takeover of the Swiss pesticides and seeds group, he said on Monday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “I am very confident that we will finish the deal. We are making a lot of progress,” he told broadcaster CNBC in an interview from the World Economic Forum annual meeting in Davos.

    “We are working well with the US and the EU regulators now toward finalising the agreements with them and expect to be finished in the not too distant future,” he said.

    China National Chemical led minor concessions to the EU’s competition watchdog to address concerns over their merger plan, sources close to the matter told Reuters last week.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.