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BASF extends US$4.9B offer for Engelhard.

The America's Intelligence Wire

| April 18, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Post)

BASF AG extended its US$4.9-billion bid for Engelhard Corp. for a fourth time as it seeks to persuade investors in the world's biggest maker of catalytic converters to tender their stock. It indicated it may increase the offer. Engelhard holders now have until April 28 to tender their shares to BASF, the Ludwigshafen, Germany-based company said yesterday. Less than 1% of shares have been submitted ...

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