China National Chemical Corp. (ChemChina) has announced the provisional interim results for ChemChina’s offer to acquire Syngenta, a takeover worth US$43 billion. At the end of the Main Offer Period on 4 May, based on preliminary numbers, around 80.7% of shares have been tendered.
Subject to confirmation in the definitive notice of interim results scheduled for 10 May, the Minimum Acceptance Rate condition of 67% of issued Syngenta shares has been met.