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15.09.2008 - German chemicals giant BASF to buy Swiss competitor Ciba

German chemicals giant BASF says it will buy Swiss specialty chemicals maker Ciba Holding for 3.8 billion euros.

The Czech Republic news are represented by www.prague-pensions-hotels.com

BASF said in a statement that it would pay 50 Swiss francs a share for Basel-based Ciba, adding Swiss Re buys Barclays life unit ...
Credit Suisse returns to profit ...
Merkel Backs Baghdad on Return of Iraqi Refugees ...
Iraqi Leader to Visit Germany to Drum Up Foreign Investment ...
EU parliament calls for brakes on German-Russian gas project ...
that the Swiss company's board had approved the measure. The deal requires approval from the Swiss Takeover Board. The Ludwigshafen-based BASF is hoping to finalise the takeover in the first quarter of 2009.

(Deutsche Welle)


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