Deals
Syngenta Shareholders Back Dividend Tied to ChemChina Deal
- ChemChina purchase of Swiss company for $43 billion on track
- Demare hosting annual general meeting for investors today
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Syngenta AG shareholders approved a special dividend to be paid after China National Chemical Corp.’s $43 billion takeover of the Swiss agrochemical company closes, as management dismissed talk the deal could be blocked by U.S. regulators.
Regulatory reviews of the deal by the Committee on Foreign Investment in the U.S., or CFIUS, don’t pose a threat to the transaction, Chairman Michel Demare said at an annual general meeting on Tuesday.