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ChemChina Receives U.S. Security Clearance for Syngenta Deal

China National Chemical Corporation, or ChemChina, has received regulatory approval from the U.S. to proceed with its takeover of Swiss agricultural chemicals giant Syngenta (SYT) .

ChemChina said on Monday that it had received security clearance for the Sfr44 billion ($44.7 billion) takeover of Syngenta from the Committee on Foreign Investment in the United States.

This is the largest ever foreign acquisition by a Chinese...