The United States government has signed off on ChemChina's $43 billion acquisition of Syngenta, one of the world's biggest agricultural chemical and seed producers. When the deal is finalized, it will be China's biggest-ever foreign acquisition.
Another major acquisition is also in the works, with Pfizer agreeing to buy the biotech company Medivation — which makes a leading cancer drug — for $14 billion.
Here & Now's Meghna Chakrabarti speaks with Jill Schlesinger of CBS News about the acquisitions.
This segment aired on August 22, 2016.
- China Makes A $43 Billion Bid For Syngenta
- U.S. Lawmakers Scrutinize China's Bid To Buy Agrichemical Giant Syngenta