The deadline for shareholders in Swiss pesticides maker Syngenta (SYNN.S) to accept a $43 billion takeover bid from state-owned ChemChina has been extended to allow for some outstanding regulatory approvals, the company said on Tuesday.

 

Syngenta said the offer will now run from May 24 to July 18.

 

"We don't have all the regulatory approvals yet," a Syngenta spokesman said, adding the company still expected the deal to close by year end.

 

ChemChina has previously said that the offer period, which initially would have expired on May 23, could be renewed several times for subsequent periods of up to 40 trading days.

 

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