Big Ag Deals on Track

A Dow Jones report says the Dow and DuPont merger looks good for regulatory approval from European Union regulators.

People familiar with the deal say it looks to be on track because the companies offered to sell some of their businesses to ease antitrust concerns.

The European Commission is the EU’s antitrust watchdog, and appears ready to approve the deal after the companies offered their remedies.

However, people monitoring the deal also say the decision is not necessarily completed and some aspects of the deal could change.

Another Dow Jones report says ChemChina extended its $43 billion offer for Syngenta to April 28th as it still looks for regulatory approval of the merger.

The Chinese state-owned company issued a statement this week saying all other terms and conditions of the offer remain the same.

China is pushing to step up scrutiny of the deal in a bid to curb capital outflow, and EU regulators have also asked for more information about the pending merger.