ChemChina Chief ‘Confident’ in Subsidiary Syngenta, Despite Ambassador Slapdown

2019年07月02日 19:30 来源于财新网

Chairman says there is no plan to sell the Swiss agrochemical giant, after Chinese diplomat calls 2017 purchase a mistake

: ChemChina bought Swiss agrochemicals giant Syngenta in June 2017 for $43 billion. Photo: IC Photo

* ChemChina’s $43 billion takeover of Syngenta left it loaded with debt and open to questions about its ability to integrate the Swiss company

* However, current executives, including ChemChina Chairman Ning Gaoning, stand by the deal, the largest ever foreign acquisition by a Chinese firm

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