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BASF starts $6.8B sale of its coatings business, Bloomberg reports

BASF (BASFY) 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,

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