BASF sells its automotive coatings business to Carlyle to create stand-alone company
As part of the deal, BASF will retain a 40% equity stake, receiving approximately €5.8 billion in pretax cash proceeds upon closing
German chemical company BASF has reached an agreement with Carlyle, a global investment firm, and Qatar Investment Authority (QIA) to sell its Coatings division.
Thank you for visiting S&P Global AftermarketInsight.
To get access to the AftermarketInsight full suite of services, please contact us by clicking here.
Already a subscriber? Please log in here.
