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Business
BASF Boosts Offer For Pronova
by Marc S. Reisch
January 21, 2013
| A version of this story appeared in
Volume 91, Issue 3
Unable to lock up the 90% of shares it needs to complete the acquisition of nutritional supplements maker Pronova BioPharma from minority shareholders, BASF has increased its per-share offer for the Norwegian firm by 8%. The deal, originally announced in November, would give BASF a maker of concentrated omega-3 fatty acids from fish. BASF now values the deal at $909 million, including liabilities, up from $883 million.
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