PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: BASF

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

BASF Completes Acquisition of Pronova BioPharma - BASF has completed the acquisition of Pronova BioPharma ASA, Lysaker, Norway, (OBX: PRON), which closed today with the payment of the offer price to Pronova shareholders (Frankfurt: BAS, LSE: BFA, SWX: AN) - BASF.com
BASF Completes Acquisition of Pronova BioPharma

 

NewswireToday - /newswire/ - Ludwigshafen, Germany, 2013/01/31 - BASF has completed the acquisition of Pronova BioPharma ASA, Lysaker, Norway, (OBX: PRON), which closed today with the payment of the offer price to Pronova shareholders (Frankfurt: BAS, LSE: BFA, SWX: AN) - BASF.com. DE000BASF111

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• BASF holds 98.19% of Pronova shares after closing;
• Squeeze out to be implemented within the next days.

At the same time, the tendered shares were transferred to BASF. The company now holds 98.19% of Pronova.

In accordance with the Norwegian Public Limited Liability Companies Act section 4-25 and the Securities Trading Act section 6-22, BASF is setting up a compulsory acquisition process (squeeze out) in order to acquire the remaining shares belonging to minority shareholders of Pronova . BASF AS is offering NOK 13.50 per share as the offer price, which is equal to the offer price in the voluntary offer made by BASF. We expect the squeeze out to be implemented within the next days.

BASF will fully integrate Pronova into its Nutrition & Health division and Pronova will become a key part of BASF’s omega-3-business.

Important Notice
This release is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. This release has been prepared by BASF. No representation or warranty (express or implied) of any nature is given, nor is any responsibility or liability of any kind accepted, with respect to the truthfulness, completeness or accuracy of any information, projection, statement or omission in this release. This release does not constitute, nor does it form part of, any offer or invitation to buy, sell, exchange or otherwise dispose of, or issue, or any solicitation of any offer to sell or issue, exchange or otherwise dispose of, buy or subscribe for, any securities. This release does not constitute investment, legal, tax, accountancy or other advice or a recommen­dation with respect to such securities, nor does it constitute the solicitation of any vote or approval in any jurisdiction. There shall not be any offer or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of any such jurisdiction (or under exemption from such requirements).

About BASF
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Contact: Andres-Christian Orthofer, Trade media
P: +41 27 766-1606 - E: andres-christian.orthofer[.]basf.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: BASF

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


BASF Completes Acquisition of Pronova BioPharma

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

BASF |
Publisher Contact: Thomas Nonnast - BASF.com 
+49 30 206 295 034 thomas.nonnast[.]basf.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From BASF / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

OFS to Present Technical Papers at UL and IWCS China Cable & Connectivity Symposium
LANXESS Successfully Completes Acquisition of Chemtura
Atlas Copco to Acquire Pump Rental Business in Brazil
Atlas Copco to Acquire Full Stake in Taiwanese Exhaust Management Business
Voith Hydro Canada Ready to Begin Mechanical Installation At Riel Converter Station
Atlas Copco Opens Expanded Indian Manufacturing Plant
BASF Named A General Motors Supplier of the Year for Twelfth Time
Growth Opportunities Rapidly Expand for LED as IoT and Light-as-a-service Expedite Connected Lighting and Living Finds Frost & Sullivan
Polymax TPE Ensures High Standards with New ISO 9001:2015 Certification
PPG to Showcase Specialty Inks, Performance Glass Coatings At DECO ’17
European Welding Equipment and Consumables Manufacturers Leverage Energy-efficient Products to Expand Growth Opportunities Finds Frost & Sullivan
Blasch Precision Ceramics, Inc. Names StaBlox™ Flue Gas Reformer Tunnel System Featured Product for April Month
ITT to Showcase Latest Hygienic Pump and Valve Technologies At BrewExpo America
PPG Acquires Minority Stake in Taiwan Chlorine Industries
PSNC Deploys ADVA Optical Networking 96-Channel 100G Core Solution in Pan-European Research Network

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)