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ChemChina seeks U.S. clearance for Syngenta deal

Jan. 20, 2017 5:47 AM ETSyngenta AG (SYT-OLD) StockSYT-OLD, ADACBy: Yoel Minkoff, SA News Editor6 Comments
  • As it awaits approval in several other markets, ChemChina has sought the U.S. antitrust regulator's approval for its planned $43B acquisition of Syngenta (NYSE:SYT).
  • Sources close to the deal expect a green light soon, given the small revenue that ChemChina generates from the U.S. via Adama (OTCPK:ADAC), and its minor overlap with Syngenta products.
  • SYT +2% premarket

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