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BASF SE Kommunikation BASF-Gruppe Carl-Bosch-Straße 38 67056 Ludwigshafen, Germany http://www.basf.com
Contact Mr Thomas Nonnast +49 30 206295034
Company logo of BASF SE Kommunikation BASF-Gruppe
BASF SE Kommunikation BASF-Gruppe

More than 97% of Pronova's shareholders accept BASF's offer for Pronova BioPharma

(PresseBox) (Ludwigshafen, )
.
- Increased voluntary cash offer successful
- Squeeze-out-process in preparation
- Finalisation of transaction expected in first quarter

The extended offer period for BASF's [Frankfurt: BAS, LSE: BFA, SWX: AN] voluntary cash offer to shareholders of Pronova BioPharma ASA, Lysaker, Norway, [OBX: PRON], ended on January 18, 2013, 16:30 CET. During the offer period, a total of 293,975,655 Pronova shares have been tendered to BASF. This corresponds to 97.7% of all Pronova shares. Based on all outstanding shares and including all net financial liabilities, the enterprise value would be NOK 4,996 million (approximately €684 million). [1]

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.