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BASF SE (BASFn.DE)

BASFn.DE on Xetra

59.46EUR
4:35pm GMT
Change (% chg)

€0.22 (+0.37%)
Prev Close
€59.24
Open
€58.85
Day's High
€60.39
Day's Low
€58.85
Volume
3,408,311
Avg. Vol
3,116,428
52-wk High
€98.80
52-wk Low
€57.35

Latest Key Developments (Source: Significant Developments)

BASF Supervisory Board Nominates Candidates For Election In May
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - BASF SE ::SUPERVISORY BOARD OF BASF NOMINATES ITS CANDIDATES FOR NEW ELECTION IN MAY 2019.  Full Article

German Chemicals Association Sees 2019 Sales Rising By 2.5 Pct
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - German chemicals association VCI::SEES 2019 SALES +2.5 PERCENT, PRICES +1.0 PERCENT, PRODUCTION +1.5 PERCENT.SEES 2018 PRODUCTION +2.5 PERCENT (VERSUS PREVIOUS F'CAST OF +3.5 PERCENT), PRICES +2.0 PERCENT (VERSUS PREVIOUS F'CAST +1.5 PERCENT), SALES STILL AT +4.5 PERCENT.  Full Article

BASF, CVC Capital Explore Forming Construction-Chemicals Giant - Bloomberg
Friday, 30 Nov 2018 

Nov 30 (Reuters) - :BASF, CVC CAPITAL EXPLORE FORMING CONSTRUCTION-CHEMICALS GIANT - BLOOMBERG, CITING SOURCES.  Full Article

BASF Halts TDI Production At Ludwigshafen Site Due to Low Rhine Levels
Monday, 26 Nov 2018 

Nov 26 (Reuters) - BASF SE ::NEED TO STOP TDI PRODUCTION AT LUDWIGSHAFEN PLANT.TDI PRODUCTION STOP DUE TO LOW RHINE RIVER LEVELS.RESTARTING PRODUCTION DEPENDS ON RHINE RIVER WATER LEVELS.  Full Article

BASF's Wintershall Takes Stake In Gas, Condensate Fields In UAE
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Wintershall Holding GmbH [RIC:RIC:WINT.UL]::ACQUIRES STAKE IN LARGEST GAS AND CONDENSATE FIELDS YET TO BE DEVELOPED IN UNITED ARAB EMIRATES.10% STAKE IN GHASHA CONCESSION IN ABU DHABI.CLOSE PARTNERSHIP WITH ADNOC: 40 YEARS TERM CONCESSION.INVESTMENTS RUNNING INTO BILLIONS IN GROWTH REGION IN ARABIAN GULF.  Full Article

BASF Says New Dividend Policy Is To Increase Div/Shr Every Year
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - BASF SE ::CFO SAYS NEW DIVIDEND POLICY IS TO INCREASE DIVIDEND PER SHARE EVERY YEAR, PREVIOUS POLICY WAS TO KEEP AT LEAST STABLE.CEO SAYS REASONABLE TO ASSUME THAT 2019 WON'T BE QUITE EASY.CEO SAYS THERE WILL BE ONE-OFF COSTS LINKED TO THE ORGANISATIONAL CHANGES THAT WE ARE PURSUING.  Full Article

BASF Supervisory Board Extends Contract Of Board Member Michael Heinz
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - BASF SE ::SUPERVISORY BOARD EXTENDS CONTRACT OF BOARD MEMBER MICHAEL HEINZ.  Full Article

BASF Announces Price Increases For Paper Wet-End And Water Chemicals
Friday, 28 Sep 2018 

Sept 28 (Reuters) - BASF SE ::BASF TO INCREASE PRICES FOR PAPER WET-END AND WATER CHEMICALS IN THE EMEA REGION.  Full Article

BASF Says Q3 Demand For Group Slower Than Expected
Friday, 28 Sep 2018 

Sept 28 (Reuters) - BASF CFO::Q3 DEMAND FOR WHOLE GROUP WAS MAYBE A BIT SLOWER THAN WHAT WE HAD EXPECTED GOING INTO Q3.FOR NEW GROUP GUIDANCE WE ONLY STRIPPED OUT OIL AND GAS FIGURES, ONLY A MATHEMATICAL ADJUSTMENT.  Full Article

BASF And Letterone Sign Agreement To Merge Wintershall And DEA
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - BASF SE ::BASF SE: BASF AND LETTERONE SIGN AGREEMENT TO MERGE WINTERSHALL AND DEA.BASF AND LETTERONE SIGN AGREEMENT TO MERGE WINTERSHALL AND DEA.SAYS WINTERSHALL WILL THEN BE RENAMED WINTERSHALL DEA, WHICH WILL BE HEADQUARTERED IN KASSEL AND HAMBURG.IN MEDIUM TERM, BASF AND LETTERONE ENVISAGE TO LIST WINTERSHALL DEA THROUGH AN INITIAL PUBLIC OFFERING (IPO).CLOSING OF TRANSACTION IS EXPECTED IN FIRST HALF OF 2019.SYNERGIES OF AT LEAST EUR200 MILLION PER YEAR ARE EXPECTED AS OF THIRD YEAR FOLLOWING CLOSING OF TRANSACTION.SAYS SIGNING OF AGREEMENT HAS IMMEDIATE EFFECT ON REPORTING OF BASF GROUP.MARIO MEHREN, CHIEF EXECUTIVE OFFICER OF WINTERSHALL, HAS BEEN DETERMINED TO BE CHAIRMAN OF MANAGEMENT BOARD AND CEO OF WINTERSHALL DEA.MARIA MORAEUS HANSSEN, CEO OF DEA, HAS BEEN DETERMINED AS DEPUTY CEO AND CHIEF OPERATING OFFICER OF JOINT VENTURE.JV STRIVES FOR DAILY PRODUCTION OF 750,000 TO 800,000 BOE BETWEEN 2021 AND 2023.BASF -SALES ,EARNINGS OF OIL & GAS ARE NO LONGER INCLUDED IN SALES AND EBIT OF BASF GROUP - RETROACTIVELY AS OF JANUARY 1, 2018 AND WITH PRIOR-YEAR FIGURES RESTATED.LETTERONE WILL CONTRIBUTE ALL SHARES IN DEA DEUTSCHE ERDÖL INTO WINTERSHALL HOLDING AGAINST ISSUANCE OF NEW SHARES OF COMPANY TO LETTERONE.BASF WILL INITIALLY HOLD 67% AND LETTERONE 33% OF WINTERSHALL DEA'S ORDINARY SHARES.TO REFLECT VALUE OF WINTERSHALL'S GAS TRANSPORTATION BUSINESS, BASF WILL RECEIVE ADDITIONAL PREFERENCE SHARES.  Full Article

EU mergers and takeovers (Dec 18)

BRUSSELS, Dec 18 The following are mergers under review by the European Commission and a brief guide to the EU merger process: