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January 27, 2011
By: DAVID SAVASTANO
Royal DSM N.V. announced that it intends to acquire a 51% stake in AGI Corporation of Taiwan (AGI) through a subscription for newly to be issued shares combined with a public tender offer, subject to AGI corporate approvals and to regulatory and other customary conditions, approvals and notifications. AGI offers a broad range of environmentally friendly UV curable resins and other products. These products are used in coatings for paper, wood, plastic and graphic arts applications. AGI reported net sales in 2009 of NTD 3,561 million (approximately €90 million). The intended transaction is expected to close in Q2 of 2011.
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