BASF (BASFY.PK) has reportedly reached preliminary terms to buy the specialty chemicals maker...

|About: BASF SE ADR (BASFY)|By:, SA News Editor

BASF (BASFY.PK) has reportedly reached preliminary terms to buy the specialty chemicals maker Cognis for €3B-3.5B ($3.7B-4.3B), after a month of talks. The deal, which would be BASF's biggest since September 2008, might be the last for CEO Juergen Hambrecht. (previously)