Jun. 2 at 1:03 AM
$BASFY $CG $SHW
BASF starts
$6.8B sale of its coatings business, Bloomberg reports
BASF SE recently sent out information to potential suitors for of its coating business, in a process that could value the union at
$6.8B, Dinesh Nair, Eyk Henning, Swetha Gopinath, and Pamela Barbaglia of Bloomberg reports, citing people familiar with the matter. Carlyle Group (CG) is considering bidding for the coating business with Sherwin-Williams (SHW), the sources added.