Oct. 10 at 11:05 AM
$BASFY and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company
**Enterprise value of β¬7.7 billion agreed for BASFβs automotive OEM coatings, automotive refinish coatings and surface treatment businesses
**Carlyle to leverage its global industrial and carve-out expertise to support BASF Coatingsβ next phase of growth
**BASF to hold equity stake in coatings business to continue building on todayβs success
**Subject to customary regulatory approvals, closing is expected in Q2 2026
Conference call on the transaction on Friday, October 10, 2025, from 14:00 to 14:30 CEST at: http://basf.com/conference-call-2025-10-10