Syngenta Is Said to Hire Banks for Potential Hong Kong IPO

Syngenta Group has started selecting banks for what may be one of Hong Kong’s biggest initial public offerings, according to people familiar with the matter.

China International Capital Corp. and UBS Group AG are helping the Chinese-owned agricultural technology company to prepare a share sale, the people said, asking not to be identified because the information is private. Other banks including Bank of America Corp. and Goldman Sachs Group Inc. are likely to get a role, the people said.