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China extends takeover period for 9 financial firms linked to Tomorrow Holdings
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ByteDance reportedly drops IPO plans after meetings with Chinese regulators
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Sinopec to Raise Funds for Refinery Upgrades
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Syngenta to use proceeds from $10b Shanghai IPO for acquisitions, growth
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Publishing date: Jul 02, 2021 • 6 hours ago • 3 minute read •
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HONG KONG/ZURICH Syngenta Group will use the proceeds from its expected $10 billion initial public offering (IPO) to fund internal growth and an acquisition spree to snare more of the $100 billion market for seeds and sprays, the agrichemical giant said on Friday.
The company’s prospectus to list on Shanghai’s Nasdaq-style STAR Market was posted online by the Shanghai Stock Exchange on Friday, confirming details reported this week by Reuters after the application was filed on Wednesday.
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