Germany embraces expansion

December 2006
ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p28
Trade Publication
The article focuses on developments within the German chemical industry in 2006. Several mergers and acquisitions occurred during the year. BASF executed three major deals including the $5.6 billion purchase of Engelhard in the U.S., the €2.2 billion purchase of Degussa's construction chemicals business and the $470 million acquisition of Johnson Polymer, also in the U.S. Bayer took over fellow German drug maker Schering for €17.1 billion.


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