China chemical of Syngenta $43 billion takeover offer fourth extension

In November 1st, Reuters reported that Switzerland, China chemical group issued a statement Tuesday said it will release fourth times to extend the validity of Syngenta $43 billion cash offer, to January 5, 2017.

The report said, China chemical in a statement said, hoping to get regulatory approval has not been reached in the first quarter of 2017.

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Previously, Syngenta said, is to provide a large number of additional information in accordance with the requirements of regulatory agencies to the European Union and other regions, accept the comprehensive inspection, Chinese chemical and Syngenta still completely committed to promoting the transaction, and is confident to complete the transaction.

This is the acquisition of the fourth extension.

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