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BASF India’s parent company signs agreement with Stahl

23 Mar 2017 Evaluate

BASF India’s parent company ‘BASF SE, Germany’ has signed an agreement with Stahl to divest BASF's leather chemical business to Stahl Group. The transaction is expected to close in the fourth quarter of 2017. BASF will receive a 16% minority stake in the Stahl Group. Under the arrangement, BASF India would supply leather chemical products from its manufacturing facilities to Stahl Group under a mid to long-term supply agreement.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties. BASF India operates as a subsidiary of BASF SE.

BASF India Share Price

3703.10 20.65 (0.56%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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