Syngenta Files for Hong Kong IPO
Swiss agrichemicals giant Syngenta has confidentially filed for a Hong Kong initial public offering aiming to raise at least five billion dollars. The Sinochem-controlled company hopes to launch the offering by late this year or early next year.
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Syngenta Group confidentially filed for a Hong Kong IPO aiming to raise at least $5B, people familiar with the matter said on Monday evening. The Basel-based seeds and agrichemicals company is controlled by China-owned Sinochem. The offering size could reach $10B depending on market demand.
