ChemChina extends $43 bln Syngenta buyout offer to Jan 5
ZURICH, Nov 1 (Reuters) - State-owned China National Chemical Corp (ChemChina) on Tuesday said it has extended its $43 billion cash offer for Swiss agrichemicals group Syngenta AG to Jan. 5 while it works to gain regulatory approval for the deal.
"ChemChina is aiming to obtain the remaining outstanding regulatory approvals in the first quarter of 2017," the firm said in a statement.
European Union anti-trust regulators on Friday opened an in-depth investigation into the deal, China's biggest-ever foreign acquisition.
(Reporting by Michael Shields)
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