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BASF shares fall after report it weighing DuPont bid

2016-03-07 14:49:19| Chemicals - Topix.net

The market reaction was characterized by a mixture of scepticism about whether BASF would follow through with a bid and concerns about it getting dragged into a potentially expensive takeover battle. "We think BASF cannot come up with a more attractive offer than the current Dow-DuPont transaction," they said, adding BASF would struggle to raise the expected $72 billion for DuPont.

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