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BASF flexes Ciba takeover deal.

Source :
Euroweek; 10/31/2008, Issue 1078, p44-44, 1/8p
Publication Year :
2008

Abstract

The article reports that German chemicals group BASF has been forced to increase the margins and fees on its Swiss franc 3.5 billion facility. Such facility supports its takeover of Swiss rival Ciba. BASF is funding the acquisition via the commercial paper market. The facility is solely underwritten by Deutsche Bank.

Subjects

Subjects :
CHEMICAL industry
CHEMICALS
BUYOUTS

Details

Language :
English
ISSN :
09527036
Issue :
1078
Database :
Complementary Index
Journal :
Euroweek
Publication Type :
Periodical
Accession number :
35430952