FRANKFURT, Germany -- The purchase of Switzerland's agrochemical maker Syngenta by China National Chemical, or ChemChina, has sent shock waves through the industry.
The $43 billion deal, the biggest-ever overseas acquisition by a Chinese state-owned company, will shake up the agrochemical and seeds market that has hitherto been dominated by the "Big 6" U.S. and European manufacturers, giving ChemChina access to cutting-edge agro chemical and genemodification technology.
