9 16 Italian italian JJ 17 25 chemical chemical NN 26 31 giant giant NN 32 42 Montedison Montedison NNP 43 47 S.p. S.p. NNP 48 50 A. A. NNP 50 51 , , , 52 59 through through IN 60 63 its its PRP$ 64 74 Montedison Montedison NNP 75 86 Acquisition Acquisition NNP 87 91 N.V. N.V. NNP 92 100 indirect indirect JJ 101 105 unit unit NN 105 106 , , , 107 112 began begin VBD 113 116 its its PRP$ 117 118 $ $ $ 118 128 37-a-share 37-a-share JJ 129 135 tender tender NN 136 141 offer offer NN 142 145 for for IN 146 149 all all PDT 150 153 the the DT 154 160 common common JJ 161 167 shares share NNS 168 179 outstanding outstanding JJ 180 182 of of IN 183 191 Erbamont Erbamont NNP 192 196 N.V. N.V. NNP 196 197 , , , 198 199 a a DT 200 205 maker maker NN 206 208 of of IN 209 224 pharmaceuticals pharmaceutical NNS 225 237 incorporated incorporate VBN 238 240 in in IN 241 244 the the DT 245 256 Netherlands Netherlands NNPS 256 257 . . . 260 263 The the DT 264 269 offer offer NN 269 270 , , , 271 281 advertised advertise VBN 282 284 in in IN 285 290 today today NN 290 292 ’s 's POS 293 301 editions edition NNS 302 304 of of IN 305 308 The the DT 309 313 Wall Wall NNP 314 320 Street Street NNP 321 328 Journal Journal NNP 328 329 , , , 330 332 is be VBZ 333 342 scheduled schedule VBN 343 345 to to TO 346 352 expire expire VB 353 355 at at IN 356 359 the the DT 360 363 end end NN 364 366 of of IN 367 375 November November NNP 375 376 . . . 379 389 Montedison Montedison NNP 390 399 currently currently RB 400 404 owns own VBZ 405 410 about about IN 411 413 72 72 CD 413 414 % % NN 415 417 of of IN 418 426 Erbamont Erbamont NNP 426 428 ’s 's POS 429 435 common common JJ 436 442 shares share NNS 443 454 outstanding outstanding JJ 454 455 . . . 458 461 The the DT 462 467 offer offer NN 468 470 is be VBZ 471 476 being be VBG 477 485 launched launch VBN 486 494 pursuant pursuant JJ 495 497 to to TO 498 499 a a DT 500 510 previously previously RB 511 520 announced announce VBN 521 530 agreement agreement NN 531 538 between between IN 539 542 the the DT 543 552 companies company NNS 552 553 . . .