EU probes 40-bn-euro ChemChina acquisition of Syngenta
Brussels economy
Brussels - Arab Today
The European Commission on Friday opened an in-depth investigation into ChemChina's 40-billion-euro takeover of Swiss seeds giant Syngenta to see if it would hurt competition.
"We need to carefully assess whether the proposed merger would lead to higher prices or a reduced choice for farmers," EU Competition Commissioner Magrethe Vestager said in a statement.
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Dubai - Arab Today
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