BASF Sells Global Pigments Business to DIC
Posted on 08/30/2019
BASF SE is a German chemical company. BASF sold its global pigment business, known as BASF Colors & Effects (BCE), to Tokyo-based DIC Corporation, a listed chemical company. The purchase price on a cash and debt-free basis is €1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is […]
