Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

29 October 2008

BASF Acquired 66.67% Ciba

BASF has reportedly holding 66.67% stake in Swiss specialty chemicals company Ciba after the expiry of the public tender offer period on 28 October. BASF had previously holding some of Ciba's shares. A total of 45,030,453 of Ciba shares had been tendered to BASF as part of the company’s public tender offer to shareholders of Ciba Holding and after combination of BASF's previous shares, it amounted to 1,011,536 Ciba shares capitalizing 66.67%.


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