Altana Can Make Acquisitions of $1.4 Billion, Sueddeutsche Says

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.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

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