Report
Seth Goldstein, CFA
EUR 98.48 For Business Accounts Only

ChemChina's offer for Syngenta looks like a more than fair price.

ChemChina announced it has tendered around 95% of Syngenta’s total shares outstanding. The settlement date for the tendered shares is June 7, 2017, at which point, we would expect to discontinue our coverage of Syngenta. Until then, ChemChina will attempt to increase its total holdings to 98% of shares outstanding, at which point it can effectively cancel the remaining shares and complete its acquisition of Syngenta. Our fair value estimate remains at $93 per ADR share, which reflects the ChemCh...
Underlying
Syngenta AG (ADR)

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Seth Goldstein, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch