In Syngenta Bid, ChemChina Follows Buyout Formula

Editor's note: We have taken this story off our home page because it has caused confusion among some readers. Originally published on Oct.13, 2016, this story was republished today as part of a Top 10 List of stories for the past year. But the events it records occurred last year. We apologize for any confusion this may have caused.

(Beijing) — A bold leveraging strategy and complex financing have driven a successful global acquisitions campaign at state-owned China National Chemical Corp. (ChemChina) that's now targeting Swiss agribusiness giant Syngenta AG.