BASF and Shell sell Basell to Access Industries consortium for €4.4 billion

BASF and Shell Chemicals have agreed to sell their 50-50 joint venture Basell, a leading polyolefins manufacturer, to a consortium led by Access Industries and The Chatterjee Group for €4.4 billion including debt.

“BASF and Shell Chemicals are to sell their 50-50 joint venture Basell, one of the world’s leading manufacturers of polyolefins, to a consortium led by New York-based Access Industries together with The Chatterjee Group.”natriumcapital.com

• 1 source
• natriumcapital.comSale of Basell (Europe) by Shell and BASF to Access Industries - Natrium CapitalJul 28, 2020

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