FRANKFURT - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.
BASF says sweetened Pronova bid is final
FRANKFURT (Reuters) - BASF (BASFn.DE) said its 8 percent higher bid of 13.50 Norwegian crowns ($2.45) per share for Pronova PRON.OL was the last offer it would make for the omega-3 fatty acids specialist.
"This increased offer is our last, best and final offer," Michael Heinz, member of BASF' executive board, said in a statement on Tuesday.
As before the increase, the offer period will expire at 1530 GMT on Friday, January 18, BASF added. ($1 = 5.5103 Norwegian krones)
(Reporting by Ludwig Burger)
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