date:Nov 22, 2012
BASF plans to acquire Pronova BioPharma ASA, Lysaker, Norway, a pioneer in the field of research, development, and manufacturing of omega-3 fatty acids . BASF has reached an agreement with Pronova to make a recommended voluntary public takeover offer to Pronovas shareholders, and will offer to pay NOK 12.50 in cash for each Pronova share. The Board of Directors of Pronova and the management unanimously support BASFs offer and recommend its acceptance.
In addition, BASF has obtained irrevocabl