Thursday, February 4, 2016

Syngenta says ChemChina out for additional business enterprise deals



ChemChina, that united to accumulate Swiss crop protection cluster Syngenta (SYNN.VX) for $43 billion, are going to be on the lookout for additional deals in this market as China strives to enhance domestic food offer, Syngenta's chairman aforesaid on Wed.

"ChemChina contains a terribly bold vision of the trade within the future. clearly it's terribly inquisitive about securing food offer for one.5 billion individuals and as a result is aware of that solely technology will get them there," Syngenta Chairman Michel Demare told analysts in a very phone call.

There is "commitment to still invest in acquisitions however conjointly whenever attainable in organic growth. To still improve our market share presence and technology are a few things that so they're terribly committed to," he added.

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