ChemChina Completes the Second Settlement of the Tender Offers for Syngenta

Matt Hopkins Posted by Matt Hopkins|12 June 2017

China National Chemical Corporation (ChemChina) has announced the successful completion of the Second Settlement of ChemChina’s tender offers for Syngenta. Shareholders who tendered their shares after 4 May 2017 received the consideration of US$465 per share, and holders of American Depositary Shares (“ADSs”) who tendered their ADSs received US$93 per ADS, on June 7, 2017. In the First and the Second Settlement, ChemChina acquired 94.7 percent of Syngenta shares in aggregate.

As soon as permitted by law and applicable regulation, it is intended to de-list the shares from the SIX and to de-list the ADSs from the NYSE.

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