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EU decision on ChemChina-Syngenta delayed to April 12

European Union antitrust regulators have extended the deadline for a decision on ChemChina's proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days to April 12.

Syngenta said in a statement the two companies had asked for the extension to allow "sufficient time for the discussion of remedy proposals".

The European Commission opened an in-depth investigation into state-owned ChemChina's $43 billion bid in October, saying the companies had not allayed concerns over the deal.

Source: Reuters

Publication date: 1/6/2017



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