BASF offers US4.9-bil cash to US'Engelhard in unfriendly takeover

摘要

BASF made an all-cash proposal to acquire US catalysts company,Engelhard for US37/share or an aggregate of US4.9-bil,the company said Jan 3.The price represented a 23% premium above the Dec 30,2005 closing price of Engelhard's stock of US30.05/share.