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Replies to post #12042 on The Rising Influence of Rising Affluence
DewDiligence
02/28/16 7:01 PM
#12182 RE: DewDiligence #12042
China National Chemical Corp. is asking bankers for more than $30 billion worth of loans to fund its $43 billion acquisition of Swiss pesticide and seed company Syngenta AG . The Chinese state-owned firm, known as ChemChina, is reaching out to a clutch of global and Chinese banks for a lending package set to be completed by April, according to people familiar with the situation. It is also tapping a consortium of Chinese sovereign funds to buy stakes in the deal. …ChemChina is also planning a future initial public offering of the Syngenta business, and has kicked off discussions with investment bankers in Hong Kong on the planned deal.
08/22/16 8:58 PM
#13107 RE: DewDiligence #12042