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Wall Street Week Ahead: Correction talk gets old as rally sails along

NEW YORK - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

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Families edging out private equity in consumer deals

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China denounces EU airline carbon law, seeks talks

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ATP says still analyzing DuPont bid for Danisco

COPENHAGEN | Wed Feb 2, 2011 4:46am EST

COPENHAGEN (Reuters) - Danish pension fund group ATP, which is Danisco's biggest registered shareholder, said on Wednesday it was still considering U.S. chemicals group DuPont's 665-crowns-per-share bid for Danisco.

ATP has a 5.1 percent stake in Danisco.

DuPont and Danisco announced on January 9 that DuPont had agreed to acquire the Danish food ingredients and enzymes company for $5.8 billion in cash and assume debt of $500 million. The deal is supported by Danisco's board.

"We are still in the process of analyzing the offer from DuPont," ATP chief executive Lars Rohde told a news conference on ATP's 2010 results.

"When we have finished that process, we will say what we think about it, but not before," he said.

(Reporting by Erik Matzen)
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