China National Chemical Corp. (ChemChina) and Syngenta have announced that the companies have received clearance on their proposed transaction from the Committee on Foreign Investment in the United States (CFIUS).
In addition to CFIUS clearance, the closing of the transaction is subject to anti-trust review by numerous regulators around the world and other customary closing conditions. Both companies are working closely with the regulatory agencies involved and discussions remain constructive.
The proposed transaction is expected to close by the end of the year.
Written by
Senior Online Editor, CropLife
Matt Hopkins is Senior Multi-Media Specialist for the Agribusiness Group at Meister Media Worldwide (MMW), including such brands as CropLife, CropLife IRON, AgriBusiness Global, Global Agtech Initiative, and Cotton Grower. He is responsible for managing an array of digital products, including newsletters, websites, video, and social media. Hopkins originally joined MMW in 1994 as an editor for Greenhouse Grower magazine before transitioning to Business Manager of its MeisterPro division. He has a Communications Degree from Cleveland State University.
