BASF REACHES AGREEMENT TO BUY DEGUSSA'S CONSTRUCTION CHEMICALS BUSINESS

摘要

BASF Aktiengesellschaft,Ludwig-shafen,has reached an agreement with Degussa AG,Dusseldorf,to acquire Degussa's construction chemicals business.The purchase price for equity is just under EURO2.2 billion.As a result,the transaction value for BASF is EURO2.7 billion.The transaction,which still requires approval from the relevant authorities,is expected to close by the middle of 2006.