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The global agricultural chemical business is in the midst of a major consolidation, and Syngenta has a front row seat. CEO Erik Fyrwald joins us to discuss.
Moody's Investors Service has today affirmed Nufarm Limited's (Nufarm) corporate family rating of Ba3 and Nufarm Americas Inc.'s and Nufarm Australia Limited's backed senior unsecured ratings of B1. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS.
Moody's Investors Service ("Moody's") affirmed the A3 and Prime-2 ratings of E.I. du Pont de Nemours and Company (DuPont) and changed the outlook on the ratings to stable from negative. The action is in response to the company's disclosure of its plan for the balance sheet of DuPont, which is expected to become wholly owned by a new legal entity, Corteva, Inc. On June 1st, 2019, Corteva Inc. (Corteva) is expected to be spun off from DowDuPont, and any existing rated debt of DuPont will become the obligations of Corteva.
A $1.5 billion settlement was reached Monday in a class-action lawsuit covering tens of thousands of farmers, grain-handling facilities and ethanol plants that sued Swiss agribusiness giant Syngenta over ...
U.S. farmers suing Syngenta AG over its decision to commercialize a genetically modified (GMO) strain of corn before China approved importing it sought court approval on Monday of a record $1.51 billion settlement with the Swiss seed company. Lawyers for the plaintiffs said in a statement that they believed the deal to be the largest agricultural class action settlement in U.S. history. Cargill Inc is still pursuing separate claims against Syngenta and is not part of the settlement.
Argentina, one of the world's leading exporters of foodstuffs, approved on Tuesday the use of two corn GMO varieties belonging to Syngenta and the local unit of Dow Chemical, and one soy GMO variety belonging ...
U.S. grain merchant Archer Daniels Midland Co has settled a lawsuit with Syngenta over the seed company's launch of a biotech corn strain that roiled grain exports to China, according to regulatory documents filed on Friday. ADM sued Syngenta four years ago for selling the corn variety known as Agrisure Viptera or MIR 162 before it was approved for import by China, an importer on U.S. grain. China rejected U.S. corn cargoes that contained the unauthorized strain, which caused financial losses for ADM, according to the lawsuit.
HONOLULU (AP) — Critics are blasting the U.S. Environmental Protection Agency for dramatically lowering a fine on agribusiness company Syngenta for violations of pesticide regulations.
ZURICH (Reuters) - ChemChina's Syngenta unit aims to sell around $5 billion in bonds in coming weeks as it nears a final settlement with U.S. farmers who had sued over genetically engineered ...
ChemChina's Syngenta unit aims to sell around $5 billion in bonds in coming weeks as it nears a final settlement with U.S. farmers who had sued over genetically engineered corn, Chief Financial Officer ...
Syngenta said a court in Basel has cancelled all publicly-held registered shares in the Swiss agro-chemicals company following its $43 billion takeover by ChemChina. Following the delisting of the Syngenta shares from the SIX Swiss Exchange, holders of cancelled shares will be paid a cash compensation in the amount of $465 for each cancelled share, Syngenta said on Monday. The Swiss exchange had already approved the delisting of the Syngenta shares from SIX Swiss Exchange on Oct. 26.
The effective tax rates of PotashCorp (POT), Agrium (AGU), and Syngenta (SYT), which have their tax bases outside the US, were below the current 35% in the US.