TITLE

RAG finalises Degussa squeeze-out

AUTHOR(S)
Williams, Dede
PUB. DATE
September 2006
SOURCE
ICIS Chemical Business;9/25/2006, Vol. 1 Issue 36, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the takeover of Degussa by energy group RAG in Frankfurt, Germany. This deal ends the dispute with hedge funds. RAG has squeezed out Degussa's remaining free-float shareholders. The hold-outs will receive €45.11 per share for their holdings. They can also buy 25% of RAG at a price offered to retail investors.
ACCESSION #
22669976

 

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