Exclusive: ChemChina seeks funding from Chinese state-backed firms ahead of Syngenta IPO – sources

By Julie Zhu and Kane Wu HONG KONG (Reuters) - China National Chemical Corp, or ChemChina, has approached Chinese state-backed investors for up to $10 billion (7.68 billion pounds) in funding as part of a reorganisation of its agrichemicals business ahead of a public float, according to five people familiar with the situation. The reorganisation includes Swiss giant Syngenta. The fundraising efforts and eventual stock market listing are designed to cut ChemChina's debts ahead of a long-awaited mega-merger with state-owned peer Sinochem

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