eu probes 40bneuro chemchina acquisition of syngenta
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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EU probes 40-bn-euro ChemChina acquisition of Syngenta

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Emiratesvoice, emirates voice EU probes 40-bn-euro ChemChina acquisition of Syngenta

Brussels economy
Brussels - Arab Today

The European Commission on Friday opened an in-depth investigation into ChemChina's 40-billion-euro takeover of Swiss seeds giant Syngenta to see if it would hurt competition.

"We need to carefully assess whether the proposed merger would lead to higher prices or a reduced choice for farmers," EU Competition Commissioner Magrethe Vestager said in a statement.

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