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Switzerland Agriculture Giant Syngenta Cancels IPO Plan on Shanghai Stock Exchange to Raise $9.1 Billion with $60 Billion Enterprise Value
30th March 2024 | Hong Kong
Switzerland agriculture group Syngenta has cancelled the IPO plan on Shanghai Stock Exchange (SSE) to raise $9.1 billion (CNY 65 billion, Initial Public Offering) with $60 billion enterprise value. In 2023, Syngenta had received IPO approval from the Shanghai Stock Exchange (SSE) but will still need to get approval from China’s securities regulator to be able to list on Shanghai Stock Exchange. Syngenta Group is one of the world’s biggest agricultural technology companies with more than 57,000 employees, and operating in more than 100 countries.
“ Switzerland Agriculture Giant Syngenta Cancels IPO Plan on Shanghai Stock Exchange to Raise $9.1 Billion with $60 Billion Enterprise Value “
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Switzerland Agriculture Group Syngenta Receives Approval from Shanghai Stock Exchange for $9.1 Billion IPO with $60 Billion Enterprise Value
17th June 2023 – Switzerland agriculture group Syngenta has received approval from the Shanghai Stock Exchange (SSE) for its $9.1 billion IPO (CNY 65 billion, Initial Public Offering) with $60 billion enterprise value. Syngenta will still need to get approval from China’s securities regulator to be able to list on Shanghai Stock Exchange. Syngenta Group is one of the world’s biggest agricultural technology companies with more than 57,000 employees, and operating in more than 100 countries.
Syngenta Group
Syngenta Group is one of the world’s biggest agricultural technology companies, with roots going back more than 250 years. With more than 57,000 employees, operating in more than 100 countries, the company strives to transform food production through Regenerative Agriculture – a science-driven, technology-enabled approach to improve soil, deliver high productivity and high-quality food, help fight climate change and restore lost biodiversity. Syngenta Group, which is registered in Shanghai, China, and has its management headquarters in Switzerland, draws strength from its four business units: Syngenta Crop Protection, headquartered in Switzerland; Syngenta Seeds, headquartered in the United States; ADAMA®, headquartered in Israel; and Syngenta Group China. Together, these businesses provide industry-leading ways to serve customers around the world.
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