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Home > News > More Big 2005 Nanotech News

January 9th, 2006

More Big 2005 Nanotech News

Abstract:
Jack Uldrich: On Jan. 3, BASF (NYSE: BF) announced that it had tendered a $4.9 billion bid to purchase the American specialty chemical company Engelhard (NYSE: EC). For BASF, the deal made a lot of sense for several reasons, including increased exposure to the U.S. market.

One aspect of the deal which analysts have so far overlooked is Engelhard's status as a major manufacturer of nanomaterials.

Source:
fool.com

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