China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | February 21, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

Ning_Gaoning_Ren_Jianxin_Sinochem_ChemChina_Deal_Makers_China_Newsletter_Chinese_M&A_DealBook

Deal News


Dealmakers Battle for Chance to Run World's Biggest Chemical Company
It’s a battle of two great deal makers and the prize is potentially the chance to run the world’s largest chemical company.

 

On one side is Sinochem Group boss "Frank" Ning Gaoning, who is said to be in talks for a second major deal with global commodities trader Noble Group Ltd. On the other is Ren Jianxin, chairman of China National Chemical Corp., or ChemChina, whose $43 billion offer to buy Swiss pesticides-and-seeds maker Syngenta AG is currently wending its way through official reviews.

 

China wants to merge Sinochem and ChemChina as part of the ce...

By: ChinaDesk | January 05, 2017

A Newsletter on Deal Making in China

chemchina_syngenta_acquisition_china_m&a_dealbook_newsletter

Deal News

 

EU regulators delay ChemChina/Syngenta merger decision to April

European Union antitrust regulators have extended the deadline for a decision on ChemChina's proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days to April 12.

 

The European Commission opened an in-depth investigation into state-owned ChemChina's $43 billion bid in October, saying the companies had not allayed concerns over the deal. "ChemChina and Syngenta remain fully committed to the transaction and are confident of its closure," the Swiss company said.

 

Sinopec mandates 6 banks to advise on unit revamp ahead of IPO

China Petroleum and Chemical Corp (Sinopec) has mandated six banks to advise ...