Syngenta Reportedly Files Confidentially for Hong Kong IPO, Aiming to Raise $5 Billion
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Cailian Press reports that Syngenta, the Swiss agricultural chemicals and seeds company, has filed confidentially for an initial public offering (IPO) on the Hong Kong Stock Exchange. The company is reportedly aiming to raise approximately $5 billion through the listing. The filing was made on a confidential basis, meaning details are not yet publicly available. The report cites unnamed sources familiar with the matter. This would be one of the largest IPOs in Hong Kong in recent years, following Syngenta's earlier attempts to list in mainland China and previous reports of a potential valuation of around $60 billion. The company is owned by China National Chemical Corporation (ChemChina).
Source report
Cailian Press, Sept. 15 — Syngenta has reportedly filed confidentially for an initial public offering (IPO) in Hong Kong, with plans to raise $5 billion.
Source
财联社Eastern
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Syngenta confidentially files for Hong Kong IPO targeting $5 billion raise