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ChemChina agrees to buy Syngenta in record US$43b deal

Deal will transform the state-backed firm into the world's biggest supplier of pesticides and agrochemicals

Mr Ren arriving at the headquarters of Syngenta in Basel. Mr Ren, who started China's first professional cleaning company with a 10,000 yuan loan, is now emerging as one of the country's most active dealmakers.


CHINA National Chemical Corp agreed to buy Swiss pesticide and seeds maker Syngenta AG for more than US$43 billion in cash as the state-backed company extends its shopping spree with what would be the biggest acquisition by a Chinese firm.

ChemChina, as the closely held