I'm confident for this year. We have an upside potential if in Europe, and especially in Germany, the consumer behavior changes and confidence comes back. |
The (current) cycle will continue for some further time. |
We are committed to our goal of acquiring Engelhard, Engelhard did not provide any information that would prompt us to improve the terms of our current offer. |
We believe that our all-cash proposal provides a compelling opportunity to achieve significant value for Engelhard's stockholders. |
We have a clear interest in coming to the negotiating table and shaping the transaction jointly. |
We posted the best results in our history in 2005. We grew faster than the market in 2005 on the basis of our own efforts and astute acquisitions. |
We think this is a very attractive offer to all shareholders which they should very seriously consider. |
We will set up a new catalysts division where we would pool Engelhard's activities with our own existing ones. |
We would clearly prefer a negotiated deal. |