Status Update: Clearance Acquirer: Bayer AG (Germany) Acquired: Monsanto (US) Value: Approx. US$66 Billion Industry: Chemicals UPDATE: Bayer AG and Monsanto announced on December 1, 2017 that “CFIUS has completed its review of the proposed merger, and has concluded that there are no unresolved national security concerns with respect to the transaction.” (Monsanto Press Release, CFIUS Completes Review … Continue Reading
TPP – Opposition Remains Strong. Senate Majority Leader Mitch McConnell (R-Kentucky) stated last week that the U.S. Senate will not vote on TPP’s implementing legislation during lame-duck session of Congress as many – including the Obama Administration – had hoped, saying: The current agreement, the Trans-Pacific agreement, which has some serious flaws, will not be … Continue Reading
Status: Clearance Acquirer: China National Chemical Corporation (China) Acquired: Syngenta AG (Switzerland) Deal Value: US$43 billion Industries: Chemicals Summary: China National Chemical Corporation (“ChemChina”), a Chinese state-owned chemical company, and Syngenta AG, a global Swiss agribusiness that produces agrochemicals and seeds, announced on Monday, August 22, 2016, that the companies have received clearance … Continue Reading