Syngenta wants to buy Sicit Group to expand its operations
The Swiss-based Syngenta and its Italian subsidiary company Valagro sent a proposal to the Board of Directors of the Sicit Group to acquire its entire authorized capital at €17.30 per share.
“We believe the combination of Syngenta, Valagro and Sicit Group has enormous potential for their shareholders, employees and customers,” press-release of Syngenta says.
Syngenta is one of the largest plant protection producer, Sicit Group is engaged in the production of biostimulants.
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