Insights and Stories on Syngenta

Oct. 27, 2022 at 9:14 am CDT

Reuters – Swiss agrichemicals and seeds group Syngenta on Thursday logged slightly slower – albeit still robust – growth in sales and core earnings for the third quarter. The Chinese-owned company, which plans to list within the next few months, said sales jumped 20 per cent to $7.9 billion in […]

By John Revill

Sep. 29, 2022 at 6:52 pm CDT

Washington | Reuters — The U.S. Federal Trade Commission on Thursday sued two top pesticide manufacturers for allegedly entering into exclusive contracts with distributors that kept prices paid by farmers artificially high. The consumer watchdog agency was motivated to bring the case in part because rising costs and supply chain […]

By Leah Douglas

Apr. 13, 2022 at 7:36 pm CDT

Rome | Reuters — An Italian administrative court ruled that a government veto of the purchase of seed producer Verisem by Chinese-owned Syngenta was valid, the agrochemicals giant said on Wednesday. Prime Minister Mario Draghi blocked the proposed takeover in October, the second time he used the special “golden power” […]

By Reuters

Oct. 25, 2021 at 10:19 am CDT

Rome | Reuters – Italy has prevented Chinese-owned group Syngenta from buying vegetable seed producer Verisem, government officials said, underscoring Prime Minister Mario Draghi’s commitment to shield key assets from unwanted foreign bids. The decision, made at a cabinet meeting on Oct. 19 but not yet made public, marks the […]

By Giuseppe Fonte

Jul. 2, 2021 at 9:26 pm CDT

Hong Kong/Zurich | Reuters — Syngenta Group will use the proceeds from its US$10 billion initial public offering (IPO) to fund internal growth and an acquisition spree to snare more of the $100 billion market for seeds and sprays, the agrichemical giant said on Friday. The company’s prospectus to list […]

By John Revill, Meg Shen