Syngenta’s independent directors will ensure its investment-grade rating

The deal, pending regulatory approvals, has raised questions on its financing, and Syngenta’s future corporate governance, given the opaque nature of Chinese state-owned enterprises.¬†Four independent directors will be appointed to the board, and approvals from at least two of them will be required to approve any significant changes.¬†ChemChina last week made a $43 billion bid for Syngenta, in China’s biggest overseas takeover, aimed at improving food production in the world’s largest agricultural market.

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