ChemChina Reconfirms Timeline for Public Offering of Syngenta Shares, ADSs

In response to speculation in the market, ChemChina reconfirmed that all regulatory approvals and conditions required for the closing of the offers have been obtained or satisfied.

“Subject to at least 67% of Syngenta’s issued shares and ADSs being validly tendered into the offers and not withdrawn as of May 4, 2017, the Offeror will purchase and pay for all such shares and ADSs at the first settlement on May 18, 2017,” according to a statement from Syngenta.

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Source: Syngenta

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