Bär & Karrer Advises Syngenta on the All Cash Offer of ChemChina to Acquire Syngenta for over US$ 43 billion
On February 2, 2016, China National Chemical Corporation, People's Republic of China and Syngenta AG, Switzerland, signed a transaction agreement pursuant to which ChemChina will launch an all cash public tender offer for Syngenta. The deal is one of the largest all cash transactions ever.
The offer will comprise a Swiss offer for all publicly held registered shares and a U.S. offer for all American Depositary Shares (ADS) of Syngenta AG. The two offers will commence in the coming weeks and the transaction is expected to close in 2016.