TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
BASF India Limited ( (IN:BASF) ) has shared an update.
BASF India Limited announced a significant transaction agreement between BASF SE and Carlyle, along with Qatar Investment Authority, to create a global standalone company for its coatings business. The transaction, valued at €7.7 billion, involves BASF retaining a 40% equity stake and receiving €5.8 billion in pre-tax cash proceeds. This move is part of BASF’s strategic efforts to enhance value creation in its coatings segment. In India, the coatings business was transferred to BASF India Coatings Private Limited, contributing 3.1% to the consolidated sales as of March 2025. The company will assess the impact of this global development on its operations and keep stakeholders informed.
More about BASF India Limited
BASF India Limited, a subsidiary of BASF SE, operates in the chemical industry, focusing on products such as automotive OEM coatings, automotive refinish coatings, and surface treatment solutions. The company is part of the global BASF Group, which is known for its extensive portfolio in chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions.
Average Trading Volume: 2,404
Technical Sentiment Signal: Hold
Current Market Cap: 201.5B INR
Learn more about BASF stock on TipRanks’ Stock Analysis page.