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Syngenta says offer period extended as not all approvals received

Published 05/17/2016, 03:17 AM
Updated 05/17/2016, 03:20 AM
© Reuters. Syngenta's logo is seen at Syngenta Biotech Center in Beijing
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ZURICH (Reuters) - Swiss pesticides maker Syngenta (S:SYNN) said on Tuesday the offer period for ChemChina's takeover bid was extended because some regulatory approvals were still outstanding.

"We don't have all the regulatory approvals yet," a Syngenta spokesman said, adding that the company still expected for the deal to close by year-end.

© Reuters. Syngenta's logo is seen at Syngenta Biotech Center in Beijing

Syngenta earlier said the first extension period of the public tender offer to buy Syngenta will commence on May 24 and end on July 18.

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