IHS Chemical Week

World News and Views :: Top of the News

BASF  Obtains Conditional EU Approval to Acquire Ciba; Agrees to Sell Assets

7:11 AM MDT | March 13, 2009 | Natasha Alperowicz

The European Commission has approved BASF's previously announced $2.9-billion bid to acquire Ciba Specialty Chemicals on condition that BASF sell assets including 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 ($127 million) in 2008, BASF says. The U.S. FTC has yet to approve the transaction. BASF says it is confident of receiving FTC approval by late March or early April. "I am satisfied that the divestments offered by BASF will ensure...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa