BASF plans to shed assets to try to salvage Solvay deal

BASF plans to shed assets to try to salvage Solvay deal
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11.01.2019

MOSCOW (MRC) -- BASF is looking to shed a sizeable portfolio of assets to try to salvage a deal it struck in 2017 to buy Belgian chemicals group Solvay's polyamide business, reported Reuters with referenceВ toВ people close to the matter.The German company is working with investment bank Lazard to find a buyer for the plastics assets, which could be valued at about 450 million euros (USD5

Full article at mrcplast.com

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