. Military Space News .
FARM NEWS
ChemChina rolls over $43 bn Syngenta offer
by Staff Writers
Zurich (AFP) Sept 6, 2016


State-owned China National Chemical Corp. said Tuesday it was extending its $43 billion agreed takeover for Swiss pesticide and seed giant Syngenta until November.

The company, also known as ChemChina, said the offer for all Syngenta's shares in what would be by far the biggest-ever overseas acquisition by a Chinese firm was now open until at least November 8.

"As previously stated, extensions to the tender offers are expected to occur until all conditions to the offers are satisfied, including obtaining all applicable regulatory approvals," ChemChina said in a statement.

The offer for Syngenta shares, announced in February, was extended in May and July, and was due to expire on September 13.

"All of the other terms and conditions of the tender offers remain unchanged and ChemChina continues to expect to conclude the transaction by the end of the year," said ChemChina.

Last month a US national security regulator approved the merger, and the companies said a number of anti-trust regulators around the world still need to approve the deal.

Syngenta rebuffed US-rival Monsanto three times last year before accepting the ChemChina's offer.

The proposed merger is not the only one in the sector, with German chemicals and pharmaceuticals giant Bayer on Monday sweetening its offer for Monsanto to $127.50 per share, which would bring bring the deal's total value to almost $66 billion including debt.

Monsanto has yet to respond to the new offer.

Dow Chemical and DuPont, two of the oldest US companies, announced the tie-up in December to create the world's biggest chemical and materials group valued at $130 billion.


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
FARM NEWS
'Electric' sheep models help scientists study sheltering sheep
Bangor, Wales (UPI) Sep 1, 2016
Keeping livestock comfortable in the face of ever-changing and often adverse weather is a constant struggle. The more comfortable the animals, the more productive they'll be. Researchers in North Wales are trying to understand how sheep shield themselves from cold, wet, windy weather. To do so, they've developed a pair of 'electric' sheep, models that look like sheep but are actually ba ... read more


FARM NEWS
Lockheed Martin receives $19 million THAAD contract modification

Russia touts hypersonics as ABM Killer

Lockheed Martin gets $112 million Aegis modernization contract

New SBIRS ground system enters into dedicated operational testing

FARM NEWS
Japan eyes record defence budget to develop anti-ship missiles

Javelin Joint Venture team inks deal with India's Tata Power Company

'Missile practice' caused deadly Taiwan misfire: prosecutors

China to boost air defenses?

FARM NEWS
U.S. Air Force QF-4 flies final unmanned mission

Embry-Riddle Daytona Beach UAS Program Leads Nation as One of First to Begin Flight Operations

U.S., Canada ink deal for RQ-21A drone sale

Tech issues cause most drone accidents

FARM NEWS
SES Government solutions to provide the US with a high performance network

The sky's no limit for young space professionals

Datron gets $495 million Afghan radio contract

Open Architecture opens opportunities for acquisition reform

FARM NEWS
Lockheed Martin gets $147 million for U.S. Army trainer systems

Lithuania orders more rifles, grenade launchers

New 155mm artillery round on way

Bras, tanks and guns: Norway's women join the draft

FARM NEWS
U.S. lawmakers call for freeze on Saudi arms sale

French environment minister announces partnerships in Iran

State Dept. approves $231 million munitions sale to NATO countries

U.S. delivers $50 million in weapons to Lebanese military

FARM NEWS
US, India bolster ties, warn Pakistan over extremists

Kerry says united with allies over South China Sea

Obama makes final trip to China, Southeast Asia

Wary of Russia, Lithuania builds fake town to practice warfarew/lll

FARM NEWS
'Helix-to-Tube,' a simple strategy to synthesize covalent organic nanotubes

Diamonds and quantum information processing on the nano scale

Lehigh engineer discovers a high-speed nano-avalanche

Silicon nanoparticles trained to juggle light









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.