BASF announces agreement for coating business with Carlyle, US, and QIA, Qatar, for EUR 7.7 billion

On October 10, BASF and funds managed by global investment firm Carlyle, in partnership with Qatar Investment Authority (QIA), entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (BASF Coatings).
The enterprise value of the transa....

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