Syngenta Targets 66 Billion Dollar Valuation for IPO
Syngenta is targeting a valuation of at least 66 billion dollars for its upcoming Hong Kong public offering. The agrochemicals group plans to sell a stake to reduce debt and fund development.
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Syngenta advisers are targeting a valuation of at least $66 billion for its Hong Kong IPO, aiming for a debut as early as January. The planned offering positions the agrochemicals giant among the largest global listings scheduled for next year. The move revives parent company SINOCHEM INTL CORP-A's public debut efforts after withdrawing a Shanghai float in 2024.
