Edition:
United Kingdom

BASF India To Divest Stilbene Based Optical Brightening Agents Business To Archroma India


Monday, 8 Jul 2019 

July 8 (Reuters) - BASF India Ltd ::TO DIVEST STILBENE BASED OPTICAL BRIGHTENING AGENTS BUSINESS TO ARCHROMA INDIA PRIVATE LIMITED..SAYS SALE FOR 335 MILLION RUPEES.SAYS TRANSACTION INCLUDES STILBENE-BASED OBA PRODUCT PORTFOLIO AND MANUFACTURING UNIT AT ANKLESHWAR, INDIA.SAYS TRANSACTION IS EXPECTED TO BE COMPLETED IN Q4 OF 2019. 

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