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16 Current news of Engelhardrss
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Reduction of approximately 800 positions
Following the acquisition of Engelhard Corporation on June 6, 2006, BASF announced the full integration of Engelhard into its global operations. BASF expects the integration to result in annual synergies of EUR160 million ($200 million) by 2010. Almost half of this amount shall be achieved by ...
Rebranding starts in United States with BASF Catalysts LLC
BASF announced that an important step in the integration process of Engelhard into the BASF Group has been accomplished with the registration of a new corporate name - BASF Catalysts LLC - in the United States. BASF will extend its brand to Engelhard companies in other regions of the world within ...
BASF Aktiengesellschaft announced the successful completion of its acquisition of Engelhard Corporation. "Together with the Engelhard team we have started the integration process in which our customers continue to be the key priority," said Dr. Jürgen Hambrecht, Chairman of the Board of ...
BASF Announces Completion of Subsequent Offering Period
BASF Aktiengesellschaft announced the completion of the subsequent offering period for the outstanding shares of Engelhard. As of 8:00 p.m. New York City time on June 8, 2006, a total of 113,489,680 shares, representing more than 90% of Engelhard's outstanding common stock, had been tendered into ...
BASF Aktiengesellschaft announced the expiration of its initial tender offer period to purchase all of the outstanding shares of Engelhard Corporation and the commencement of a subsequent offering period. The subsequent offering period will expire at 12:00 midnight, New York City time, on ...
Engelhard recommends that Engelhard's shareholders accept BASF's offer
BASF Aktiengesellschaft announced that it signed a definitive agreement with Engelhard Corporation. 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 ...
BASF CEO Hambrecht: "This is our last, best and final offer."
BASF Aktiengesellschaft announced that it has raised its all-cash offer for Engelhard Corporation to $39 per share from its previous offer of $38 per share. "We are confident that Engelhard's shareholders will recognize the superior value for all of their shares and the complete certainty that ...
BASF is considering all its options after Engelhard's Board of Directors rejected an increased cash offer of $38 per share proposed by BASF, as part of a negotiated merger transaction, and elected instead to pursue a partial share buyback plan. Following a preliminary review of Engelhard's ...
Die BASF Aktiengesellschaft hat bekannt gegeben, dass sie - durch ihre Beteiligungsgesellschaft Iron Acquisition Corporation - die Frist zur Annahme ihres Barangebots zum Erwerb aller ausgegebenen und ausstehenden Aktien der Engelhard Corporation bis Freitag, 28. April 2006, 17 Uhr Ortszeit New ...
BASF Aktiengesellschaft announced that, through its wholly owned subsidiary, Iron Acquisition Corporation, it has extended the expiration date of its cash tender offer for all of the issued and outstanding shares of common stock of Engelhard Corporation to 5:00 p.m., New York City time, on ...