mination and profit- and-loss agreement concluded with RUTGERS GmbH (for- merly RUTGERS AG) in 1999, the squeeze-out of non- controlling interests in RUTGERS AG (now RUTGERS GmbH) in 2003, and the squeeze-out of non-controlling interests in Degussa AG (now Evonik Degussa GmbH) in 2006. The appraisal procee