ChemChina offers $43B for Swiss pesticide giant Syngenta

February 3, 2016 5:30 AM

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HONG KONG – A Chinese state-owned chemical maker if offering to buy Swiss pesticide giant Syngenta in a deal worth more than $43 billion in what would be the biggest ever international takeover by a Chinese company.

Syngenta AG said Wednesday that its board is recommending shareholders accept the offer from China National Chemical Corp., also known as ChemChina.

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