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5-day change | 1st Jan Change | ||
| 114 EUR | +0.13% |
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-.--% | -.--% |
| Apr. 11 | U.S. Futures Down, European Stocks Mixed | DJ |
| Apr. 08 | DSM-Firmenich AG announces an Equity Buyback for 1,500,000 shares, representing 0.6% of its issued share capital. | CI |
BERLIN (Reuters) - German chemicals maker Lanxess is preparing a joint bid for Dutch rival DSM's plastics business with investor Advent, Handelsblatt newspaper reported on Friday, citing sources familiar with the matter.
The DSM unit, valued at 3 billion euros ($3.34 billion), would become part of Lanxess' subsidiary HPM which combines similar business activities and is intended to become a basis for further acquisitions, Handelsblatt reported.
Lanxess declined to comment on the report.
($1 = 0.8982 euros)
(Reporting by Zuzanna Szymanska; Editing by Riham Alkousaa)
| 1st Jan change | Capi. | |
|---|---|---|
| +12.65% | 865B | |
| 0.00% | 239B | |
| +16.01% | 167B | |
| -7.37% | 124B | |
| +31.07% | 82.45B | |
| -4.38% | 74.34B | |
| -15.60% | 50.62B | |
| -20.32% | 41.22B | |
| +22.96% | 33.68B |
KONINKLIJKE DSM 
