Beta
BACK TO TOP STORIES
syngenta_logo_in_field

Syngenta, ChemChina One Step Closer to Sealing the Deal

Syngenta recently announced the provisional interim results for ChemChina’s acquisition offer. Preliminary numbers show 80.7% of shares tendered and provisional results suggest shareholders approve the deal.  Minimum acceptance rate is 67% of shares to approve the offer and definitive notice of interim results will be announced May 10.

This puts the company one step closer to closing the deal with State-owned ChemChina. In February 2016 Syngenta accepted ChemChina’s $43 billion cash offer with a $15 per share bonus.  Syngenta shares will be de-listed from the SIX, ADSs and from the NYSE when permitted by law and regulations.

The acquisition continues a trend of mergers in the crop industry. Other mergers underway include Dow/DuPont and Bayer/Monsanto. Recently Monsanto cancelled pending sale of Precision Planting to John Deere.

Greenbook works with pesticide, herbicide and fungicide manufacturers to convert product labels into actionable data.

Data Delivery

We provide versatile data solutions designed to make plant protection data easily accessible to farmers, researchers & consultants.

Farm Management

Our database is used to deliver precision ag services provided by industry associations, retail outlets and application developers.

Chemical Protection

Our client partners include the most recognized chemical plant protection manufacturers in the agriculture industry.