- A group of Syngenta (NYSE:SYT) shareholders said it opposes any sale of the company to China's state-owned ChemChina and called for the ousting of the Swiss group's leadership.
- In a letter to the Basler Zeitung newspaper, the managing director of the group that says it represents about 10% of Syngenta's capital attacked Chairman Michel Demare.
- "The board of directors is in a cul de sac from which it cannot exit on its own," Folke Rauscher wrote. "So the only alternative is a comprehensive renewal of the board of directors at the forthcoming annual meeting."
- Previously: Bloomberg: ChemChina moves closer to potential Syngenta deal (Jan. 15 2016)