China sets up planemaker to challenge Airbus, Boeing
China set up a company to build large jets, challenging the dominance of Airbus SAS and Boeing Co. in the market for planes with 150 seats. | eTurboNews | Trends | Travel News
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China set up a company to build large jets, challenging the dominance of Airbus SAS and Boeing Co. in the market for planes with 150 seats. | eTurboNews | Trends | Travel News
ChemChina-Owned Syngenta Targets $10 Billion in Shanghai IPO Jul 03 2021, 5:34 AM July 02 2021, 8:29 PM July 03 2021, 5:34 AM (Bloomberg) -- Syngenta Group, the Swiss seed and fertilizer business owned by China National Chemical Corp., is targeting to raise 65 billion yuan ($10 billion) in a Shanghai listing that could become the worldâs largest initial public offering this year. (Bloomberg) -- Syngenta Group, the Swiss seed and fertilizer business owned by China National Chemical Corp., is targeting to raise 65 billion yuan ($10 billion) in a Shanghai listing that could become the world...
(Bloomberg) -- Syngenta Group Co., the agriculture giant owned by China National Chemical Corp., has picked banks for an initial public offering on Shanghai’s Nasdaq-style STAR board, according to people familiar with the matter. China International Capital Corp. and Citic Securities Co. are among advisers for the preparations of the share sale, said the people, asking not to be identified as the information is private. Syngenta could be valued at as much as $60 billion in a listing, which could take place as soon as this year, the people said. Syngenta has accelerated its IPO plans as Chief...
China approves SinoChem, ChemChina merger Apr 1, 2021 9:55:am Summary by: Shardul Sharma Posted in: China approves SinoChem, ChemChina merger China’s State-owned Assets Supervision and Administration Commission of the State Council (Sasac) has approved the merger of chemicals groups Sinochem and ChemChina, it said on March 31. In a brief statement published on its website, Sasac said it would oversee the “joint reorganisation” of the two companies under the aegis of the State Council. Sinochem is a Chinese state-owned multinational conglomerate primarily engaged in the pro...
China’s Giant Crop Takeover Has Failed. Time to Admit It Bloomberg 12/10/2020 David Fickling Popular Searches That moment is already well past for Sinochem Corp. and China National Chemical Corp., or ChemChina, the state-owned Chinese giants that have been edging toward a merger for four years. The two chemicals companies are working on a structure that would allow them to combine without triggering a fresh round of foreign-ownership investigations over their Swiss-based Syngenta unit, the Wall Street Journal reported this week. That’s a waste of effort and ingenuity....