The Swiss Prospectus for the proposed ChemChina takeover of the company was published March 8.
The Swiss Offer Prospectus is available on www.chemchina.com/press. The report of Syngenta’s board of directors and the Fairness Opinion issued by N+1 Swiss Capital regarding the Swiss Public Tender Offer are available on http://www.syngenta.com.
The Public Tender Offers will begin March 23 and run 40 trading days. They may be renewed several times, for 40 trading days at a time, pending completion of all conditions, including regulatory approvals.
Syngenta’s board of directors unanimously recommends that the shareholders of Syngenta accept the offer.
Related story: ChemChina makes $43 billion bid for Syngenta
Syngenta announced Feb. 3 that ChemChina had offered to acquire the company in an all-cash deal valued at $43 billion.
Reuters: ChemChina offer for Syngenta to begin March 23 – prospectus – China makes bold move with aim of improving domestic food production.
Agrimoney: ChemChina sets $1.5bn limit for US curbs on Syngenta deal – Deal will go before Foreign Investment Committee.
Reuters: Break fee for Syngenta reduced in ChemChina deal: prospectus - Syngenta would have to pay off ChemChina should the Swiss company breach the transaction agreement or back a rival offer.