Brussels clears agrochem merger

27 July 2000



Brussels clears agrochem merger

THE merger of the agrochemical divisions of Novartis and AstraZeneca, has been approved by European Commission regulators.

To satisfy anti-trust investigators the two companies have agreed to divest products worth $340m (224m) reports the Financial Times

Shares in the new company, Syngenta, will be will be worth about $15bn.