ChemChina

In Biggest Ever Chinese Corporate Takeover, ChemChina Set To Buy Swiss Syngenta For $43 Billion

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– In Biggest Ever Chinese Corporate Takeover, ChemChina Set To Buy Swiss Syngenta For $43 Billion:

The ink was not yet dry on the seemingly endless Monsanto-Syngenta on again/off again takeover drama, when moments ago in a shocking development the newswires were lit up with news that a new, and very much unexpected, bidder has emerged for the Swiss pesticides giant Syngenta: China National Chemical Corp, or ChemChina as it is known, which according to WSJ and BBG is set to pay $43.7 billion to acquire a piece of Swiss corporate history.

Sustainable Pulse Banned by China after GMO Superpower Bid

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– Sustainable Pulse Banned by China after GMO Superpower Bid:

One of the World’s largest independent sustainable agriculture medias, Sustainable Pulse, has been banned by the Chinese government in all of mainland China, shortly after ChemChina launched a failed $ 42 billion bid to buy the largest Global pesticide company – Syngenta.

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The ban on Sustainable Pulse has been reacted to with anger by Chinese GMO-Free activists, who have used the media as a source of independent GMO and pesticide news over the last 4 years. Chinese sustainable agriculture expert Xie Xuren stated; “This is a disaster for freedom of information for all those who care about safe food and pesticide free agriculture in China.”

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