A prospectus filed with the Shanghai Stock Exchange revealed that agrichemical major Syngenta Group aims to float on Shanghai’s Nasdaq-style STAR Market with a 65 billion yuan (US$10 billion) initial public offering (IPO). According to the filing, Syngenta’s application to list on the STAR Market has been approved, and the business expects to issue up to 2.79 billion shares. (One US dollar equals 6.4705 Chinese yuan renminbi)
(By Beijing Newsroom; Tom Daly, Tom Daly, Nick Tattersall, Nick Tattersall, Nick Tattersall, Nick Tattersall, Nick Tattersall, Nick Tattersall, Nick Tattersall, Nick Tatters
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