BASF Secures Additional Ciba Shares

BASF has acquired Bestinver Group’s (Madrid) 13% stake in Ciba Specialty Chemicals for SF49.50/share. Bestinver was Ciba’s biggest shareholder. The deal took place outside BASF’s ongoing SF50/share public tender offer for Ciba. BASF expects its eventual stake in Ciba to rise to “significantly more than...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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