◂ Announcements

Aug 17, 2020ACQUISITION

DIC to acquire BASF's global pigments business for €1.15 billion

BASF and DIC have reached an agreement for DIC to acquire BASF's global pigments business for €1.15 billion. The transaction is expected to close in Q4 2020.

Value

$1.36B (1.15B EUR)

Status

Announced

Productspigments

CompaniesBASF target DIC Corporation acquirer

Sectors#Specialty Chemicals

“The purchase price on a cash and debt-free basis is Euro 1.15 billion.”lesprom.com

1 source
lesprom.comBASF to sell global pigments business to DICLesprom NetworkAug 17, 2020

Summarized from public sources; check the original articles before acting on it.

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DIC to acquire BASF's global pigments business for €1.15 billion · Endata