The Presidential Daily Brief

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  1. field with pesticides

    ChemChina Offers $43 Billion for Syngenta

    If it goes through, it’ll be the largest-ever acquisition of a foreign entity by a Chinese company. The massive deal answers the lingering question of how Swiss pesticide company Syngenta would beef up following its 17 percent income tumble in 2015 and the industry-shaking Dow Chemical-Dupont merger two months ago. Though ChemChina is owned by the Chinese government, Syngenta is expected to stay based in Europe — though the deal will have to clear regulatory hurdles, both in the U.S. and abroad, before it’s allowed to go forward.

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