ZURICH (Reuters) - State-owned China National Chemical Corp (ChemChina) [CNNCC.UL] on Tuesday said it has extended its $43 billion (35 billion pound) cash offer for Swiss agrichemicals group Syngenta AG (S:SYNN) to Jan. 5 while it works to gain regulatory approval for the deal.
"ChemChina is aiming to obtain the remaining outstanding regulatory approvals in the first quarter of 2017," the firm said in a statement.
European Union anti-trust regulators on Friday opened an in-depth investigation into the deal, China's biggest-ever foreign acquisition.