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The statement made no mention of any concessions required to win clearance.
""We are not disclosing the details of the agreement with CFIUS to respect the confidentiality of the process,"" a Syngenta spokesman said by email in response to a Reuters query. ""Any mitigation measures are not material to Syngenta's business.""
Syngenta reiterated that is expected the deal to be finalised by the end of the year.
It said closing the transaction was subject to ""anti-trust review by numerous regulators around the world and other customary closing conditions. Both companies are working closely with the regulatory agencies involved and discussions remain constructive.""
RIPPLES ACROSS SECTOR
The CFIUS review is being watched closely by Monsanto Co Roberto Gagliardini Inter Milan Jersey , the world's largest seed company, which is deliberating whether it should sell itself to Germany's Bayer AG . Syngenta last year turned down offers to be acquired by Monsanto.
The deal comes as China looks to secure food supplies for its population.
Syngenta is a key player in the market for pesticides and seeds. It has facilities in North Carolina, as well a presence in California, Delaware Sime Vrsaljko Inter Milan Jersey , Iowa and Minnesota among other states.
Syngenta's share price has significantly lagged ChemChina's offer amid concerns that the deal would get through CFIUS. Syngenta derives about a quarter of its sales from North America.
Several U.S. lawmakers wrote to Treasury Secretary Jacob Lew this year asking for CFIUS to subject the deal to additional scrutiny over its impact on domestic food security. The U.S. Department of Agriculture also joined the CFIUS review, Reuters previously reported.
Syngenta had said this year it would make a voluntary filing with CFIUS ""even though no obvious national security concerns were identified during due diligence"".
With a growing number of Chinese companies looking to acquire U.S. peers, CFIUS had emerged as a significant risk for such deals, particularly those with potential cyber security implications.
For example Samir Handanovic Inter Milan Jersey , in February, state-backed Chinese firm Unisplendor Corp <000938.SZ> scrapped a $3.78 billion investment in Western Digital Corp after CFIUS said it would investigate the transaction.
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