BRUSSELS, April 5 EU antitrust regulators
approved on Wednesday ChemChina's $43 billion bid for
Swiss pesticides and seeds group Syngenta after the
Chinese company agreed to sell assets to address competition
The deal, the largest foreign acquisition by a Chinese
company, will help China boost its potential food output.
Reuters reported on Feb. 2 that the deal would be cleared with
The European Commission said the asset sales addressed
"It is important for European farmers and ultimately
consumers that there will be effective competition in pesticide
markets, also after ChemChina's acquisition of Syngenta,"
European Competition Commissioner Margrethe Vestager said in a
(Reporting by Foo Yun Chee; editing by Philip Blenkinsop)