China National Chemical Corporation

ChemChina in connection with its US$43 billion acquisition of Syngenta AG.

Client

China National Chemical Corporation

Value

US$43 billion

Service

Competition/Antitrust

Date Closed

June 2017

Industry

Agribusiness

Lead Office

Toronto

On June 28th, 2017, China National Chemical Corporation (“ChemChina”) acquired Syngenta AG for US$43 billion. Osler acted for ChemChina on the competition/antitrust aspects of its acquisition. This is the largest ever foreign purchase by a Chinese firm to date.

ChemChina is a Chinese state-owned chemical company. It is headquartered in Beijing, China. 

Syngenta AG is a Swiss seed and agrochemical company. It is headquartered in Basel, Switzerland.

Osler Hoskin & Harcourt LLP acted for ChemChina with a team consisting of Peter Franklyn, Kaeleigh Kuzma, and Jaime Auron (Competition/Antitrust & Foreign Investment).