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China approves ChemChina/Syngenta acquisition

China’s competition authority has approved ChemChina’s proposed acquisition of Syngenta, according to both parties in the deal.

That follows the conditional approval of the U.S. and EU competition authorities last week and Mexico’s approval this week.

The last approval needed is from India.

Syngenta says the acquisition is on pace to be completed this second quarter of the year, before the end of June.