Syngenta files for Hong Kong IPO that could raise $5 billion, Bloomberg News reports
The planned listing would be among Hong Kong’s biggest in recent years, as the company seeks regulatory approval and finalizes terms.
10 Articles
10 Articles
Syngenta Group, a Swiss company in the seed and agrochemical sector, has confidentially submitted a request for an initial public offer of shares (IPO) in Hong Kong. The aim is to raise at least US$ 5 billion, according to three people with direct knowledge of the subject. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Seed Giant Syngenta Is Said to File for $5 Billion Hong Kong IPO
Syngenta Group has confidentially filed for a Hong Kong initial public offering, according to people familiar with the matter, as it moves ahead with a share sale that was delayed by the impact of the war in the Middle East.
According to a report, the agricultural group is to prepare an IPO in Hong Kong. The issue could take place next year – if the authorities agree.
The Basel agrochemical group, owned by Sinochem, has filed a confidential application for registration on the Hong Kong Stock Exchange to raise approximately $5 billion.
[Cable News] Syngenta, an agrochemical company with state-owned enterprise backing, has reportedly submitted its listing application in Hong Kong. Bloomberg, citing sources, indicates that Syngenta has confidentially submitted the application.
Coverage Details
Bias Distribution
- 57% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
