Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-settings.php on line 472

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-settings.php on line 487

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-settings.php on line 494

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-settings.php on line 530

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-includes/cache.php on line 103

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-includes/query.php on line 21

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-includes/theme.php on line 623

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/Archive.php on line 365

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/PEAR.php on line 573

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/PEAR.php on line 576

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/Type.php on line 105

Deprecated: Assigning the return value of new by reference is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/Type.php on line 301

Deprecated: Function eregi() is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/backupwordpress.php on line 59

Deprecated: Function eregi() is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/backupwordpress.php on line 59

Deprecated: Function eregi() is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/backupwordpress.php on line 86

Deprecated: Function eregi() is deprecated in /usr/www/users/naturwr/wp-content/plugins/backupwordpress/backupwordpress.php on line 86
BASF and Engelhard Reach Agreement | Chemikalien.de
Deprecated: Function ereg() is deprecated in /usr/www/users/naturwr/wp-content/themes/revolution_magazine-30/header.php on line 58
Top

BASF and Engelhard Reach Agreement

Mai 31, 2006 by admin 

    BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN) announced today that it signed a definitive agreement with Engelhard Corporation (NYSE: EC). According to the agreement, Engelhard will recommend that Engelhard shareholders tender their shares to BASF in exchange for $39 per share in cash and will withdraw its $45 per share self-tender offer for approximately 20 percent of the company’s shares.


    

“We are very pleased that BASF and Engelhard were able to reach agreement on a negotiated transaction. This is a crucial step towards our goal of acquiring Engelhard,” said Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF Aktiengesellschaft. “We are confident that Engelhard’s shareholders will tender their shares into our offer, following the recommendation of Engelhard.”

BASF’s $39 per share all-cash offer for all of the issued and outstanding shares of common stock of Engelhard Corporation is scheduled to expire at midnight, New York City time, on Monday, June 5, 2006.

Kommentare

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.

Bottom