Susanne Klatten News
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Altana AG, the German specialty chemicals maker owned by billionaire Susanne Klatten, may look again at buying parts of U.S. rival Rockwood Holdings Inc. after it abandoned a bid for the whole company in 2008.
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In the spring of 1945, Harald Quandt, a 23-year-old officer in the German Luftwaffe, was being held as a prisoner of war by Allied forces in the Libyan port city of Benghazi when he received a farewell letter from his mother, Magda Goebbels -- the wife of Nazi propaganda minister Joseph Goebbels.
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United Utilities Plc and Severn Trent Plc, Britain’s biggest publicly traded water companies, are increasingly feeding human waste into tanks of bacteria whose methane emissions generate electricity.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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Altana, the German chemical maker owned by Bayerische Motoren Werke AG heiress Susanne Klatten , is seeking acquisitions and can spend 1 billion euros ($1.4 billion) without jeopardizing its credit rating, Sueddeutsche Zeitung said, citing an interview with Chief Executive Officer Matthias Wolfgruber .
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Most European stocks declined, following two weeks of losses for the Stoxx Europe 600 Index, as euro-area policy makers discussed channeling additional financial support through the International Monetary Fund.
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Altana AG, the 140-year-old maker of chemical additives owned by billionaire Susanne Klatten, reshuffled its supervisory board, with the former chief executive of Cognis, Antonio Trius, joining as a board member following its takeover by BASF SE.
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Germany’s SGL Carbon SE doesn’t see a full takeover as likely by Bayerische Motoren Werke AG and the carmaker’s heiress Susanne Klatten, Chief Financial Officer Juergen Muth told the Frankfurter Allgemeine Sonntagszeitung.
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Altana AG Chief Executive Officer Matthias Wolfgruber said his search for an acquisition to add a fifth division to the German chemicals maker is being hampered in part by the high price tags placed on potential targets.
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Bayerische Motoren Werke AG will next year seek to get a woman on its management board following pressure from one of its co-owners, Handelsblatt reported, citing unidentified people within the company.
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