CapLaw-2016-9

On February 3, 2016, China National Chemical Corporation (ChemChina) announced that it has agreed to acquire the Swiss agrochemical and seeds company Syngenta AG (SIX: SYNN) (Syngenta) by way of a public tender offer. The offer price is USD 465 per share in cash. In addition, the offer allows pay-out of a special dividend of CHF 5 per share.  The offer values Syngenta’s total outstanding share capital at over USD 43 billion. The board of directors of Syngenta recommends the offer. The offer is intended to comprise a public tender offer for 100% of Syngenta’s shares in accordance with Swiss…