Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Full Chinese OK nears for MAI takeover

The Chinese government-owned China National Chemical Corporation (ChemChina) has been granted the second of three requisite national authority approvals for its proposed takeover of Maktheshim-Agan Industries (MAI). The Ministry of Commerce has followed the National Development and Reform Commission of China in approving the acquisition ( Agrow No 613, p 2). ChemChina and MAI expect to receive the final authorisation from the State Administration of Foreign Exchange soon. Current major shareholder Koor Industries says that parties to a loan agreement as part of the deal are advancing the terms. ChemChina has signed an agreement to purchase a 60% stake in MAI, subject to due diligence ( Agrow No 607, p 2).


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts