date:Aug 19, 2019
o be paid by BASF on a cash and debt-free basis would amount to 1.3 billion. Solvays businesses to be acquired by BASF generated sales of around 1 billion in 2018.
At closing, approximately 700 Solvay employees will move to BASF. The intended joint venture between BASF and Domo in France will employ approximately 650 employees. BASF is planning to integrate the businesses into its monomers and performance materials divisions.
With this transaction, BASF will benefit from improved access to imp