BASF makes all-cash proposal to acquire Engelhard

摘要

BASF has made an all-cash proposal to acquire all outstanding shares of common stock of Engelhard Corporation,a Fortune 500 company and leading supplier of goods for catalysis and surface finishing,for us37.00 per share or an aggregate of us4.9-bn.This price represents a 23 premium above the December 20,2005 closing price of Engelhard's stock of us30.05.