ChemChina Said to Improve Syngenta Bid in Biggest China Takeover.

ChemChina, as the state-owned company is known, offered to buy 70 percent of Syngenta now, with an option to acquire the remaining 30 percent, people with knowledge of the matter said last week. During the talks, ChemChina proposed a number of similarly structured deals, whereby it would acquire Syngenta in two stages. [Extracted from the article]