Syngenta shares jump after US clears ChemChina deal

August 22, 2016 8:47 AM

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Syngenta shares jump after US clears ChemChina deal

Shares in Swiss agribusiness group Syngenta have risen 12% after its takeover by ChemChina was given the go-ahead by a US regulator.

The $43bn (£33bn) deal is set to be the biggest ever foreign takeover by a Chinese company.

Also read: China's Geely to buy Lotus, take stake in Malaysia's Proton

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