The Local Switzerland

China extends Syngenta offer after EU opens investigation

Wed, 02 Nov 2016 09:25:57 +0100

China's state-owned chemical corporation (ChemChina) said on Tuesday that it had extended its $43 billion offer for Swiss seed giant Syngenta until January 5th, after EU regulators announced they would probe the deal.

US approves Chinese mega deal with Swiss company

Tue, 23 Aug 2016 10:34:21 +0200

A US national security regulator has approved a state-owned China National Chemical Corp.'s planned $43-billion (38 billion-euro) takeover of Swiss pesticide and seed giant Syngenta, the two companies said on Monday.

Saint-Gobain claims OK gained for Sika takeover

Mon, 07 Dec 2015 12:19:41 +0100

French building materials giant Saint-Gobain on Monday announced that it has now obtained the anti-trust authorizations needed to take control of Swiss adhesives maker Sika, a move that has been blocked for over a year by minority shareholders.

Saint-Gobain gets Swiss 'OK' for Sika merger

Tue, 15 Sep 2015 23:36:01 +0200

The Swiss competition commission (Comco) has authorized the control of Swiss chemical company by construction materials giant Saint-Gobain, the French company announced in a press release on Tuesday.

Saint-Gobain clears hurdle in Sika takeover

Wed, 02 Sep 2015 10:24:11 +0200

French building materials giant Saint-Gobain cleared a key hurdle in its bid for Swiss adhesives maker Sika, under a court ruling on Tuesday.

Sika and Saint-Gobain shares dip over takeover

Mon, 08 Dec 2014 19:45:00 +0100

(UPDATE) A plan by French building materials giant Saint-Gobain to take over Swiss rival Sika on the cheap caused shares in both companies to plunge on Monday.

Row clouds Saint-Gobain's Sika takeover

Mon, 08 Dec 2014 13:32:00 +0100

A bitter row over a plan by French building materials giant Saint-Gobain to take over Sika of Switzerland, which produces chemicals used in construction, caused shares in both groups to plunge on Monday.

Nycomed bought by Japanese pharma giant

Thu, 19 May 2011 13:28:00 +0200

Japan's Takeda Pharmaceutical said Thursday it reached a €9.6 billion ($13.6 billion) deal to buy Swiss drugmaker Nycomed in what would be one of the biggest overseas acquisitions by a Japanese firm.

Synthes agrees $21 billion takeover

Wed, 27 Apr 2011 12:32:00 +0200

Swiss-based medical technology company Synthes said on Wednesday that it had reached an agreement on a $21.3 billion takeover by US health care giant Johnson & Johnson.