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BASF divests 100% stakes in BASF India Coatings Private Limited

On March 30, BASF India announced that its board of directors approved the transfer and sale of the 100% stake held in BASF India Coatings Private Limited, a wholly owned subsidiary, to Bond German BidCo 2 GmbH and Bond France BidCo SAS (Carlyle Group Companies) at a consideration of INR 2.3 billion.
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