RAG plans complete takeover of Degussa

摘要

RAG AG,Essen,Germany,which holds a 50.1% interest in Degussa AG through its wholly owned subsidiary RAG Projektgesellschaft mbH (RPG),announced it intends to acquire all the remaining shares in Degussa.In a basic agreement,RAG and E.ON AG have agreed on divestment of the 42.86% of Degussa's capital stock held by E.ON to RPG effective July 1,2006.At the same time,RAG intends to make a voluntary public offer to all other Degussa shareholders via its subsidiary RPG to acquire their shares at a price of EUR 42 per share.