U.S. Regulator Signs Off on ChemChina-Syngenta Deal

August 22, 2016 9:13 AM

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U.S. Regulator Signs Off on ChemChina-Syngenta Deal

LONDON — The state-owned China National Chemical Corporation said on Monday that it had received clearance from a regulator in the United States for its $43 billion acquisition of Syngenta, a giant in farm chemicals and seeds.

The approval by the regulator, the Committee on Foreign Investments in the United States, removed one of the biggest potential challenges to the deal, as the interagency body had previously proved to be an obstacle for cross-border agreements involving Chinese companies.

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