EU launches in-depth probe into ChemChina, Syngenta merger

European Commission has until March 15, 2017, to make decision.

The European Commission announced Oct. 28 that it has launched an in-depth probe to assess whether the proposed acquisition of Syngenta by ChemChina is in line with the European Union's merger regulation.

The announcement came after ChemChina missed the Oct. 21 deadline for submitting so-called remedies in the EU’s early-stage review of the deal. The commission will assess whether the deal may reduce competition in crop protection products and the supply of certain input chemicals.

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