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BASF to acquier surface treatment provider Chemetall

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Capital Market
Last Updated : Jun 23 2016 | 12:01 AM IST

For $3.2 billion

BASF India announced that its parent company, BASF SE, Germany has signed an agreement to acquire Albermarle's global surface treatment of Chemetall for a purchase price of $3.2 billion. The said transaction is subject to approval by the relevant authorities and is expected to close by the end of 2016.

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First Published: Jun 22 2016 | 9:57 AM IST

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