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Syngenta rejects ChemChina's $42 billion takeover offer: Bloomberg

Flowers grow in front of Swiss agrochemicals maker Syngenta's logo at the company's headquarters in Basel August 19, 2015.

China National Chemical Corp is in talks to buy Switzerland's Syngenta AG (SYNN.VX) but its initial offer of nearly $42 billion for the world's largest agrichemical company was rejected, Bloomberg said on Thursday.

State-owned ChemChina's first offer valued the agricultural chemicals group at 449 Swiss francs per share, or 41.7 billion Swiss francs ($41.72 billion), according to...


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