Receive News from Operation Disclosure via Email

Guest Posting

If you wish to write a post/article on Operation Disclosure all you need to do is send your entry to applying these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Operation Disclosure"

- Must be in text format
- Proper Grammar
- No foul language
- Your signature/name/username at the top

Send your entry and speak out today!

News Alerts





Featured Post

Geopolitical Op-Ed: "Change" -- April 29, 2017

Source: Dinar Chronicles The 2017 US Federal Budget was to be certified on October 1, 2016 per normal budgeting mandates, but got pushed...

Tuesday, March 1, 2016

ChemChina Offers 43 billion USD for Switzerland's Syngenta

BEIJING, Feb. 3 (Xinhua) -- China National Chemical Corp. (ChemChina) said on Wednesday an agreement to buy Swiss agrochemical and seeds company Syngenta for about 43 billion U.S. dollars is subject to anti-trust reviews and approval.

If the deal goes through, it will overtake CNOOC's 2012 purchase of Canadian energy company Nexen as the largest ever overseas takeover by a Chinese enterprise.

Syngenta's board of directors are recommending that shareholders accept the offer of 465 U.S. dollars per share along with a special dividend of 5 Swiss francs (4.9 U.S. dollars), ChemChina said on its website.

"We will continue to work alongside the management and employees of Syngenta to maintain the company's leading competitive edge in the global agricultural technology field," said Ren Jianxin, chairman of ChemChina.

The transaction will enable expansion of Syngenta's presence in emerging markets, Syngenta said on its website.

Syngenta's existing management will remain in place following the deal, which is expected to be completed by the end of the year.

Last month, ChemChina bought German machinery maker KraussMaffei and took a 12-percent stake in Swiss energy trader Mercuria.

Shoutbox Disclaimer

Please be advised that the Shoutbox is NOT moderated. Use it at your own will.