While we have needs individually, as we collectively come together, tenaciously pursuing a common spiritual passion to help others in need, our own needs get met. It is out of this religious spirit that Alliance for Shared Health was formed. ASH reaches across all races, denominations, political spectrums, and all beliefs in God to assist with an innate need we all share – to help each other through the heavy burden of health care access and cost. ASH members place supreme importance on the pursuit of sharing in each other’s health care needs and the sharing of expenses as it relates to those needs. This predecessor relationship connects all ASH members to one common organization and allows ASH members to be part of an international health sharing non-profit entity that was founded in 1996 and has been sharing in medical since on an ongoing basis since its inception.ĪSH facilitates sharing between its members and is part of an ongoing mission to bring medical care and relief to so many lives struggling from life-threatening medical challenges in Ethiopia.Īlliance for Shared Health (ASH)is a non-profit health sharing community (ASH) where members share a common deep-seated ethical / religious belief. Sharing level programs are developed so that each member can choose a sharing level that is right for them.ĪSH is a health sharing ministry of Bible Army International Church (BAIC).
While religion is sometimes defined as a belief in God or the supernatural, it is also defined as “something of overwhelming importance” or “a pursuit or interest to which one ascribes supreme importance.” While ASH is certainly led by men and women who have a strong faith in God, ASH members share a common set of religious and ethical values that bring all members together for beliefs that are of overwhelming importance to every member.ĪSH is led by an independent Board of Directors and is supported by key consulting relationships and advisors. Instead, ASH is a group of people that share a common set of ethical or religious standards and come together to help share in each other’s medical expenses. ASH is not a “contract” for insurance and thus functions differently than a traditional insurance policy. And German chemicals giant Bayer is intent on acquiring Monsanto.Alliance for Shared Health (ASH) is an IRS-approved 501(c)3 health sharing ministry. Last December, two of the oldest US companies, Dow Chemical and DuPont, announced a tie-up to create the world's biggest chemical and materials group, valued at $180 billion. The takeover comes at a time of growing consolidation in the industry. Syngenta was founded in the year 2000, following the merger of the agricultural segments of pharmaceutical firms Novartis and AstraZeneca.īefore accepting ChemChina's bid, the Swiss company had rejected an offer made by US-based rival Monsanto three times last year. This led to the review by CFIUS, an inter-agency committee that assesses the national security implications of foreign investments in US companies.įollowing Monday's announcement, Syngenta shares rose over 11 percent to around 424.90 Swiss francs (390.70 euros, $441.26) a share.
The senators, from both the Republican and Democratic parties, asked that the planned deal be scrutinized for "any potential ramifications the purchase may have for American national security, with a specific focus on the potential effects on food security and the safety of our food system." There have been few hurdles to the planned deal in Switzerland, but it raised more than a few eyebrows in the United States, where much of Syngenta's business is based.Īt the end of March, four members of the US Senate agriculture committee wrote a letter to Treasury Secretary Jack Lew voicing their concerns. Initially, the companies had expected to wrap up the first part of the transaction by May 23, but the period has been prolonged twice as the companies waited for the verdict of various competition authorities now set for September 13. This would be by far the biggest-ever overseas acquisition made by a Chinese firm.ĬhemChina announced the mega deal in early February, vowing to dish out $465 for each Syngenta share, plus a special dividend. Still, they require approval from a number of other anti-trust regulators around the world, and both firms now expect the transaction to close by the end of the year.
The planned $43-billion (38 billion-euro) takeover of Syngenta by ChemChina was approved by the Committee on Foreign Investment in the United States (CFIUS), the two companies said in a joint statement on Monday.
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