Syngenta, Adama Agricultural close on $490M sale of crop protection portfolio
Story Date: 3/20/2018

 

Source: Jessica Seaman, TRIAD BUSINESS JOURNAL, 3/19/18

Syngenta and Adama Agricultural Solutions Ltd. have closed on the sale of a portfolio of crop protection products to Nufarm Ltd. for $490 million. The sale, which was announced in October, took place in order for ChemChina to meet European regulatory requirements related to its $43 billion purchase of Syngenta. In buying the Swiss pesticides and seeds company, ChemChina had to get regulatory approval from a host of entities, including commissions in China and the U.S.

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