BASF sells pigments business to Japan's DIC

DIC

29/08/2019 09:44

FRANKFURT, Aug 29 (Reuters) - Germany's BASF  BASFn.DE  said
on Thursday it agreed to sell its global pigments business to
Japanese fine chemical company DIC  4631.T  for 1.15 billion
euros ($1.28 billion) on a cash and debt-free basis.
    ($1 = 0.8973 euros)
    

 (Reporting by Ludwig Burger)
 ((ludwig.burger@thomsonreuters.com; +49 69 7565 1311; Reuters
Messaging: ludwig.burger.thomsonreuters.com@reuters.net))