Syngenta

China’s Ministry of Agriculture announced it has approved two more genetically modified crops for import into the country. A Reuters article says it’s the second move in the past month to expand access to biotech seeds as a part of Beijing’s 100-day trade talks with Washington.   The Mini...

The Associated Press reports that the first of literally tens of thousands of lawsuits against Syngenta has been delayed until July.  The suits accuse the Swiss agribusiness company of introducing a genetically engineered corn variety before China had approved it for imports, thereby causing farmers economic harm.  ...

On Monday, The National Farmers Union urged the FTC to oppose the proposed acquisition of Syngenta by ChemChina.  NFU President Roger Johnson said if approved this merger would squeeze an already tight budget for most American farmers.   “For 30 years, major agribusiness companies have been acquiring small companies, consolidating the marketplace and increasing their market share.  Because these..

The ChemChina takeover of Syngenta continues to march through the approval process this month as China has now green-lighted the deal. The acquisition received approval from the Ministry of Commerce of the People's Republic of China, according to Syngenta...

Mexico has signed-off on ChemChina’s acquisition of Swiss-based Syngenta. The Federal Economic Competition Commission of Mexico recently announced approval the $43 billion takeover of Syngenta by the state-owned Company, ChemChina.   The two companies call the move a step towards closing the transaction, which is expected to take place in the second quarter of this year. The appro...

ChemChina and Syngenta were issued an extension by European Union antitrust regulators to comply with the regulator's request.  According to Reuters, the EU has extended the deadline for a decision on ChemChina's proposed buy of Swiss group Syngenta by ten working days to April 12th.  ...

A class-action lawsuit against Syngenta regarding rejected exports is likely to head to trial next year, as scheduled.  Agri-Pulse reports the 10th Circuit Court of Appeals declined to review a lower court’s certification order, allowing the lawsuit to proceed. Syngenta ...

ChemChina is made their case to the European Union last week for the approval of their takeover of Syngenta.   The European Commission is receiving a lot of pressure to block the deal by lawmakers and environmentalists of the EU.   The European Commission has scheduled October 28th as the date for their decision, though that could be extended.   ...

Bloomberg reports that the China National Chemical Corporation has commitments from lenders on a $12.7 billion loan package to help secure its purchase of Syngenta.  ChemChina acquired the financing from 17 different banks all together.  ...

The U.S. Committee on Foreign Investment has given its approval to the ChemChina takeover of Syngenta.  Reuters said the decision removes significant uncertainty over the takeover of the world's largest pesticides maker after the two companies agreed to a deal in February.  Ho...