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73 Current news of Cibarss
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Expands Services Globally
Intertek announced the acquisition of Ciba Expert Services' Environmental, Safety, & Testing and Regulatory businesses, including Cantox Health Sciences and Ashuren Health Sciences. The acquisition substantially strengthens Intertek's scope and depth for regulatory consulting to meet customers' ...
23 of 55 acquired production sites worldwide under review
BASF has finalized its plans for the integration of Ciba Holding AG, which it acquired in April 2009. Under the plans, former Ciba businesses are to be integrated into the operating divisions in BASF’s Performance Products segment where their potential can best be realized and developed. The ...
Effective July 1, 2009, BASF’s Paper Chemicals operating division, which was established in April, will be headquartered in Basel, Switzerland, together with two associated business units: Coatings & Starch Europe and Wet End Chemicals. In addition, the European business unit for plastic ...
The Board of Directors of Ciba, now part of BASF, has appointed Michael Heinz (45) from BASF as the new Chief Executive Officer of Ciba. In addition to his role as CEO, Heinz will continue with his responsibilities for the integration of Ciba into BASF. Brendan Cummins is stepping down from his ...
BASF holds 95.8 percent of Ciba shares after closing
BASF has successfully completed its acquisition of Ciba Holding AG, which closed with the payment of the offer price to Ciba shareholders at April 9, 2009. At the same time, the tendered shares were transferred to BASF. The company now holds 95.8 percent of Ciba. Ciba shares that were not ...
Settlement conditions for tender offer fulfilled
The U.S. Federal Trade Commission (FTC) and the Chinese merger control authority MOFCOM approved the acquisition of Ciba Holding AG by BASF on April 2, 2009. No conditions were imposed beyond those required by the European Commission in its decision of March 12, 2009. Furthermore, the condition ...
Ciba Inc. confirms that it has received a Statement of Objections from the European Commission
Ciba Inc. confirms that it has received a Statement of Objections from the European Commission concerning an investigation which began in 2003, and relates to companies involved in the heat stabilizer sector. Ciba no longer operates in this field, having sold its PVC heat stabilizer business in ...
Decision by U.S. antitrust authorities pending
The European Commission today approved the acquisition of Ciba Holding AG by BASF. The approval is subject to the divestiture of individual product lines and production plants as well as a product license. The conditions apply to products that accounted for sales of less than €100 million in ...
Expansion to Ciba’s strong global Technical Service laboratory network further enhances its ability to meet customer needs
Ciba announces an expansion to its global Technical Service network with the opening of a new Technical Service Center in Shanghai to serve the Process & Lubricants Additives industry in China. The new center is fully equipped to perform key tests required for lubricant customers, including ...
BASF representatives elected to Ciba’s Board of Directors
BASF has come a step closer to acquiring Ciba. At the Extraordinary Meeting of Shareholders of Ciba Holding AG in Basel, Switzerland, the voting rights and registration restrictions in the articles of association of Ciba Holding AG were removed with effect as of the settlement date. At the same ...