Hints and tips:
...I said the company should move from being family-controlled to being a publicly owned corporation. This was the American way.”...
...The Federal Deposit Insurance Corporation, the US bank regulator, began work on covered bonds in April and was due to deliver its findings some time in the autumn....
...In May this year, it emerged that Mr Heyman had built up a 5.6 per cent stake in Engelhard, the materials company that has since been acquired by BASF....
...Germany’s BASF has already shown its acquisitive ambitions, buying Engelhard Corporation of the US this year for $5bn....
...Engelhard recently bought the syngas catalyst business of Nanjing Chemical Industry Corporation, a subsidiary of one of China’s largest integrated energy and chemical companies....
...Engelhard Jr, who took over the Engelhard company in 1950 after his father died, consolidated the family’s many diversified holdings to form Engelhard Industries in 1958 on the New York Stock Exchange....
...Last week saw another potential European incursion into the US with the hostile $5bn bid by BASF of Germany for Engelhard, the speciality chemicals company....
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