Exclusive: ChemChina seeks funding from Chinese state-backed firms ahead of Syngenta IPO - sources
Exclusive: ChemChina seeks funding from Chinese state-backed firms ahead of Syngenta IPO - sources
China National Chemical Corp, or ChemChina, has approached Chinese state-backed investors for up to $10 billion (7.68 billion pounds) in funding as part of a reorganisation of its agrichemicals business ahead of a public float, according to five people familiar with the situation. The reorganisation includes Swiss giant Syngenta.
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December 20, 2019 at 06:07AM
China National Chemical Corp, or ChemChina, has approached Chinese state-backed investors for up to $10 billion (7.68 billion pounds) in funding as part of a reorganisation of its agrichemicals business ahead of a public float, according to five people familiar with the situation. The reorganisation includes Swiss giant Syngenta.
from Reuters: Money News https://ift.tt/34FvK2A
via Blogger https://ift.tt/2r9Ndmb
December 20, 2019 at 06:07AM
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