Both the U.S. Federal Trade Commission (FTC) and the European Commission have given China National Chemical Corp. (ChemChina) and Syngenta AG the green light for ChemChina's proposed $43 billion acquisition of Syngenta. However, both countries are required to divest some assets in order to gain the approval.
In a joint statement, the two companies said the decisions represent “a major step towards the closing of the transaction, which is expected to take place in the second quar
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