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ChemChina completes first payment in Syngenta takeover

ChemChina announced the successful completion of the First Settlement of ChemChina’s tender offers for Syngenta. Shareholders who tendered their shares by May 4, 2017 received the consideration of US$465 per share, and holders of American Depositary Shares ("ADSs") who tendered their ADSs received US$93 per ADS, on May 18, 2017. Shareholders who tender their shares or ADSs by the end of the Additional Acceptance Period on May 24, 2017 will receive the same consideration in the Second Settlement. The Second Settlement is expected to occur on June 7, 2017. In addition, a dividend of CHF 5 per share was paid to all shareholders on May 16, 2017.

For more information:
www.chemchina.com
www.syngenta.com