ChemChina

A regulatory watchdog in the European Union is taking an in-depth look at the Bayer-Monsanto deal, a move that Bayer says the company expected. A news release by Bayer says the company had expected further review of the proposed acquisition of Monsanto due to the size and scope of the transaction...

On Monday, The National Farmers Union urged the FTC to oppose the proposed acquisition of Syngenta by ChemChina.  NFU President Roger Johnson said if approved this merger would squeeze an already tight budget for most American farmers.   “For 30 years, major agribusiness companies have been acquiring small companies, consolidating the marketplace and increasing their market share.  Because these..

The ChemChina takeover of Syngenta continues to march through the approval process this month as China has now green-lighted the deal. The acquisition received approval from the Ministry of Commerce of the People's Republic of China, according to Syngenta...

Mexico has signed-off on ChemChina’s acquisition of Swiss-based Syngenta. The Federal Economic Competition Commission of Mexico recently announced approval the $43 billion takeover of Syngenta by the state-owned Company, ChemChina.   The two companies call the move a step towards closing the transaction, which is expected to take place in the second quarter of this year. The appro...

Politico’s Morning Agriculture Report says the European Union’s approval of the ChemChina merger with Syngenta means the ball is likely rolling for the six biggest biotech companies to be whittled down to three by the end of this year. A day befo...

More than 300 groups signed a letter calling on newly confirmed U.S. Attorney General Jeff Sessions to block the three major seed and chemical mergers being reviewed by the Department of Justice.  The groups consisting of consumer, food, farm and anti-pesticide organizations say the mergers would increase both food and farming costs, threaten global food security, curtail innovation and limit farm

Could several of the large ag merges be blocked under President Trump?  Iowa agribusiness leader Bruce Rastetter is a Republican mega-donor who wants the incoming administration to block mergers in the works between large seed and chemical companies.  Th...

ChemChina and Syngenta were issued an extension by European Union antitrust regulators to comply with the regulator's request.  According to Reuters, the EU has extended the deadline for a decision on ChemChina's proposed buy of Swiss group Syngenta by ten working days to April 12th.  ...

ChemChina is made their case to the European Union last week for the approval of their takeover of Syngenta.   The European Commission is receiving a lot of pressure to block the deal by lawmakers and environmentalists of the EU.   The European Commission has scheduled October 28th as the date for their decision, though that could be extended.   ...

Top executives from all five agrochemical and seed companies looking to merge appeared before the Senate Judiciary Committee Tuesday.  The move was seen as an effort to reassure lawmakers that the quickly developing consolidation trend won't be bad news for farmers.  In...