China is looking to sell $ $12.65 billion in bonds after settling a case with Syngenta farmers over genetically engineered corn that was sold by the company before gaining regulatory approval from China . The seed company has expressed interest in acquiring assets coming up for sale as a result of anti-trust issues and may be raising the funds to acquire Monsanto 's global vegetable seed business, which is being proposed for sale in order to gain regulatory approval for a merger with Bayer .
Syngenta is looking to sell $5bn in bonds after settling a case with US farmers over genetically engineered corn that was sold by the company before gaining regulatory approval from China. The seed company has expressed interest in acquiring assets coming up for sale as a result of anti-trust issues and may be raising the funds to acquire Bayer's global vegetable seed business, which is being proposed for sale in order to gain regulatory approval for a merger with Monsanto.