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Four Chinese agchem formulators merge

China's Ministry of Industry and Information Technology (MIIT) has issued its sixth list of company mergers and acquisitions for 2013. The list contains two mergers, and involves four pesticide formulators. The first is the takeover of Guangxi Guigang Hengtai Chemical, with a registered capital of Yuan 5 million ($816,000 at the current rate), by Guangxi Brother Pesticide Factory, with a registered capital of Yuan 5.2 million ($849,000).



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