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People & Business :: M&A

Syngenta to proceed with squeeze-out to acquire full control of Devgen

9:03 AM MST | January 25, 2013 | Natasha Alperowicz

Syngenta announced today that it will proceed with a squeeze-out process to acquire Devgen (Ghent, Belgium). This follows Syngenta’s successful acquisition of 98.32 % of the total number of shares in Devgen shares, which have now been tendered. Payment for the shares already tendered will take place on 30 January.    The squeeze-out will take place from 6 February to 26 February and will be settled on 8 March. On completion of the squeeze-out, all the shares will have been acquired by Syngenta and the company will be automatically delisted from...

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