Sources Say ChemChina's $43 Billion Bid For Syngenta to Pass EU Regulators

EU antitrust regulators are set to approve ChemChina's $43 billion bid for Swiss pesticides and seeds group Syngenta after the Chinese company agreed to sell some products, two people familiar with the matter said on Thursday. ChemChina will divest a couple of national product registrations, including existing products and a few in the pipeline, in more than a dozen EU countries to allay the European Commission's concerns, one of the people said. The products are generally from ChemChina unit and Israeli crop protection company Adama while a few are from Syngenta, the person said. No plants, facilities or personnel are involved.