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In Depth: Rough Market Doomed Syngenta Listing Plans

By Luo Guoping and Anniek Bao
2024年06月20日 20:16
Industry downturn means debt-laden ChemChina, which acquired the Swiss firm for $43 billion seven years ago, is unlikely to see the cash windfall it was hoping for

Chinese-owned pesticides and seeds giant Syngenta Group Co. Ltd. had spent three years talking a big game about an imminent IPO. Then on March 29, news broke that it had quietly shelved plans to list. Confirmation from the group came shortly after.

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