DIC to acquire BASF global pigments business
04.09.2019
MOSCOW (MRC) -- BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF's global pigments business. The purchase price on a cash and debt-free basis is EUR1.15 billion, as per BASF's press release. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant competition authorities."We ha