We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Capitulation

30 May 2006 By Simon Nixon

The US materials group didn t have much choice. Its plan to buy back its own shares at $45 each won little support from shareholders. BASF has answered critics who feared the German chemical giant would overpay. At $39 a share, the deal should deliver value.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)