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ChemChina says US security panel clears Syngenta acquisition

Published August 22, 2016

Associated Press

China National Chemical Corp. says a U.S. national security panel has cleared its proposed acquisition of Swiss agrochemicals giant Syngenta.

The announcement Monday said the proposed $43 billion acquisition still requires approval from anti-trust and other regulators in the United States and other countries.

The deal, if completed, would be the biggest foreign acquisition to date by a Chinese company.

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