Swiss agrochemicals company Syngenta said on Thursday it was still planning to complete its $10 billion flotation, but indicated weak financial markets made it more likely it will take place next year.
A logo is seen at the headquarters of agricultural chemical maker Syngenta in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann/File PhotoZURICH, Nov 9 -
"We will also remain flexible in our approach and explore alternative methods to expanding our shareholder base," he said. The IPO remained the favoured option, the spokesman said, declining to comment on possible alternatives such as a private placement of shares.
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