China Makes A $43 Billion Bid For Syngenta
China’s state-owned chemical corporation ChemChina is making a $43 billion bid to buy the Swiss seeds and pesticides company Syngenta. If the sale goes through, it would be the largest foreign purchase by a Chinese firm ever.
It’s part of an effort by China to improve its agriculture, as the country’s growing middle class is able to pay more for food. Maggie Lake of CNN joins Here & Now‘s Jeremy Hobson with details.