ChemChina Completes First Settlement of Syngenta Tender Offers

On May 24, around 92.2 percent of shares had been tendered.


BASEL, Switzerland - China National Chemical Corporation (ChemChina) announced the provisional end results for ChemChina’s offer to acquire Syngenta, an agriculture company aimed at improving global food security. Based on preliminary numbers, at the end of the Additional Acceptance Period on May 24, around 92.2 percent of shares had been tendered.

The prospective timetable for the closing of the offers is as follows:

Wednesday, May 31, 2017
Definitive notice of the end result of the offers

Wednesday, June 7, 2017
Second Settlement