Alantra acts as Fairness Opinion provider to Syngenta’s Board on ChemChina’s US$43bn public tender

Mar 2016

Fairness Opinion

Zurich– On 3 February 2016 Syngenta announced that ChemChina has offered to acquire 100% of the outstanding share capital of Syngenta at a price of US$465 per ordinary share plus a special dividend of CHF 5 to be paid conditional upon, and prior to, closing. The intended offer values Syngenta’s total outstanding share capital at around US$43 billion, marking the largest public takeover in Switzerland as well as the largest outbound acquisition by a Chinese company. The transaction is subject to regulatory approvals and other conditions.

Alantra provided a fairness opinion to Syngenta’s board of directors in order to assess the financial adequacy of the public tender offer of ChemChina.

Syngenta AG is a global agrochemicals company with market leading positions in its three product lines crop protection, seeds as well as lawn and garden products.