Syngenta sales slip as ChemChina takeover looms

GENEVA: Swiss pesticide and seed giant Syngenta said Monday its sales slumped one percent in the first quarter, but said its planned takeover by ChemChina was on track for completion in May.

During the first three months of the year, Syngenta rang up sales worth $3.7 billion (3.4 billion euros) -- down one percent from the same period last year, it said in a statement, adding that volumes remained stable but that prices fell slightly.