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 case stemmed from Syngenta’s decision to commercialise a genetically modified strain of corn before China approved importing it. 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 .
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 .