Deals
BASF Signals Readiness to Snap Up Assets Amid Consolidation Wave
- $12.8 billion worth of assets could come up for sale: Kepler
- BASF says portfolio, pipeline give strong competitive position
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BASF SE signalled it’s ready to snap up any assets that come up for sale as the biggest wave of consolidation seen in the agrochemical industry approaches a critical juncture.
“If we see the right target at the right price” the funds will be made available, Markus Heldt, head of BASF’s crop protection unit, said at a press briefing in Ludwigshafen, Germany, where the world’s largest chemical maker is based.