ChemChina

Israeli company Adama has completed the acquisition of Greek firm Alfa Agricultural Supplies SA. Adama bought out the remaining 51% stake in Alfa for an undisclosed amount, taking its holding in the local company to 100%. This practically means Alfa has passed into the hands of the Chinese company that controls the Israeli enterprise.

The European Commission has launched an “in-depth” investigation into the proposed merger of global agriculture giants Monsanto and Bayer, amid concerns that it may create too high a concentration and disrupt competition in the areas of pesticides and seeds.

Pirelli is not the only one that releases a sexy calendar. Tuning World Bodensee, a german auto magazine also has its own cars and ‘girls’! The feature of its 2016 calendar is ’nurse’, Liane Gunther. The 29-year old brunette from Germany was picked out of 19 other hot contestants for magazine’s competition to be photographed.

China made its boldest overseas takeover move when state-owned ChemChina agreed a $43 billion bid for Swiss seeds and pesticides group Syngenta on Feb. 3, aiming to improve domestic food production.

China National Chemical Corp (ChemChina) is to buy Pirelli, the world's fifth-largest tyre maker, in a 7.1 billion euro ($7.7 billion) deal that will place one of the symbols of Italy's manufacturing industry in Chinese hands.