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.
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9 Articles
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.
The planned IPO of the plant protection and seed manufacturer Syngenta seems to be moving forward. Syngenta has submitted an application for IPO in Hong Kong on a confidential basis, according to an article of the news agency Bloomberg.
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