syngenta shareholders accept chemchina offer
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Syngenta shareholders accept ChemChina offer

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Syngenta shareholders accept ChemChina offer

China National Chemical Corporation
Basel - Arab Today

China National Chemical Corporation (ChemChina) today announced the provisional interim results for ChemChina’s offer to acquire Syngenta. At the end of the Main Offer Period on May 4, based on preliminary numbers, around 80.7 percent of shares have been tendered. Subject to confirmation in the definitive notice of interim results scheduled for May 10, the Minimum Acceptance Rate condition of 67 percent of issued Syngenta shares has been met.

The prospective timetable for the closing of the offer is as follows:

Wednesday, May 10, 2017              Definitive notice of the interim result of the Offer
Thursday, May 11, 2017            Start of the Additional Acceptance Period
Tuesday, May 16, 2017            
Payment of Special Dividend to shareholders1
Thursday, May 18, 2017            First Settlement
Wednesday, May 24, 2017            End of the Additional Acceptance Period
Friday, May 26, 2017            Provisional notice of the end result of the Offer
(at the latest)            
Wednesday, May 31, 2017            Definitive notice of the end result of the Offer
Wednesday, June 7, 2017            Second Settlement
Further, as soon as permitted by law and applicable regulations, it is intended to de-list the shares from the SIX and to de-list the ADSs from the NYSE.

About Syngenta

Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities. To learn more visit www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter® at www.twitter.com/Syngenta.

About ChemChina

ChemChina, which is headquartered in Beijing, China, possesses production, R&D and marketing systems in 150 countries and regions. It is the largest chemical corporation in China, and occupies the 234th position among the Fortune Global 500. The company’s main businesses include materials science, life science, high-end manufacturing and basic chemicals, among others. Previously, ChemChina has successfully acquired 9 leading industrial companies in France, United Kingdom, Israel, Italy and Germany, etc. To learn more visit www.chemchina.com and www.chemchina.com/press.

Disclaimer

This press release is not an offer to purchase or a solicitation of an offer to sell any securities.

Additional information and where to find it

This press release is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell company securities. The solicitation and offer to buy company securities is only made pursuant to the Swiss offer prospectus and the offer to purchase and other documents relating to the U.S. offer that have been filed with the US Securities and Exchange Commission (“SEC”). At the time the US Public Tender Offer was commenced, ChemChina and a designated direct or indirect subsidiary filed a tender offer statement on Schedule TO with the SEC and thereafter, the company filed a solicitation/recommendation statement on Schedule 14d-9 with respect to the offer. Investors and security holders are urged to read these materials carefully since they contain important information, including the terms and conditions of the offer. Investors and security holders may obtain a free copy of these materials and other documents filed by ChemChina and the company with the SEC at the website maintained by the SEC at www.sec.gov. Investors and security holders may also obtain free copies of the solicitation/recommendation statement and other documents filed with the SEC by the company at www.syngenta.com.

Cautionary statement regarding forward-looking statements

Some of the statements contained in this press release are forward-looking statements, including statements regarding the expected consummation of the acquisition, which involves a number of risks and uncertainties, including the satisfaction of the closing conditions for the acquisition, the possibility that the transaction will not be completed and other risks and uncertainties discussed in the company’s public filings with the SEC, including the “risk factors” section of the company’s form 20-F filed on February 16, 2017 as well as the tender offer documents filed by the offeror and the solicitation/recommendation statement filed by the company. These statements are based on current expectations, assumptions, estimates and projections, and involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to be materially different from any forward-looking statements. These statements are generally identified by words or phrases such as “believe”, “anticipate”, “expect”, “intend”, “plan”, “will”, “may”, “should”, “estimate”, “predict”, “potential”, “continue” or the negative of such terms or other similar expressions. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results and the timing of events may differ materially from the results and/or timing discussed in the forward-looking statements, and you should not place undue reliance on these statements. The offeror, ChemChina and the company disclaim any intent or obligation to update any forward-looking statements as a result of developments occurring after the period covered by this press release or otherwise.

source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

syngenta shareholders accept chemchina offer syngenta shareholders accept chemchina offer

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

syngenta shareholders accept chemchina offer syngenta shareholders accept chemchina offer

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 13:47 2018 Tuesday ,16 January

Philippines' Mayon volcano alert raised

GMT 14:01 2017 Wednesday ,27 September

Ryanair says dropping bid to buy Italian rival Alitalia

GMT 16:16 2011 Friday ,09 December

Passion Play

GMT 19:22 2016 Wednesday ,01 June

8 suicides killed in Algeria's Sétif

GMT 13:22 2017 Tuesday ,12 September

OPEC says oil output dips, 'rebalancing' underway

GMT 08:40 2012 Saturday ,28 January

Paradis showing her cleavage

GMT 11:46 2012 Thursday ,05 January

Canada streamlines airport security regulations

GMT 06:15 2014 Monday ,06 January

Saudi tribute to Bahrain police

GMT 09:33 2011 Sunday ,25 September

Kuwait court annuls Zain telecom meeting, election

GMT 08:12 2011 Thursday ,11 August

Moscow and Kiev to talk energy

GMT 11:49 2011 Friday ,18 November

European shares fall on debt yield worries

GMT 21:16 2017 Monday ,13 March

Abul Gheit phones new chief of AU commission

GMT 23:59 2016 Tuesday ,13 December

Iraqi police ‘ready’ to join east Mosul assault

GMT 17:14 2016 Friday ,12 February

Cavendish wins second Tour of Qatar title

GMT 17:00 2012 Friday ,14 September

Transforming the lives of transgenders

GMT 16:18 2017 Thursday ,06 July

German industrial orders rebound in May

GMT 19:44 2011 Tuesday ,09 August

Veteran Giuly returns to Monaco

GMT 19:47 2011 Wednesday ,23 November

Qatar inks $10.9bn deals for infrastructure work
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday