Powerful US Panel Clears Chinese Takeover of Syngenta
Just months after shooting down much smaller Chinese deals for electronics and lightbulb manufacturers
A powerful federal committee blessed China National Chemical Corp.'s $43 billion planned takeover of seed giant Syngenta AG, months after shooting down much smaller Chinese deals for electronics and lightbulb manufacturers.
The decision indicates that potential worries about the long-term security of the American agricultural industry resonate far less than immediate concerns over foreign ownership of technology and cybersecurity assets, according to lawyers who work on foreign-driven merger deals. To read more click here.