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BASF sells $290.6M stake in Harbour Energy through share placing, WSJ says

BASF (BASFY) has sold a $290.6M stake in Harbour Energy through a share placing, Adam Whittaker of The Wall Street Journal reports. BASF obtained a large stake in Harbour Energy when it completed an $11B deal to buy Wintershall Dea’s upstream assets in 2024. This sale reduces BASF’s stake and voting rights in Harbor Energy to about 35% from over 41% at the end of February.

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