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KM Financial Solutions | UPDATE 1-Lone Star to buy BASF construction chemicals unit for $3.51 bln
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UPDATE 1-Lone Star to buy BASF construction chemicals unit for $3.51 bln

20 Dec UPDATE 1-Lone Star to buy BASF construction chemicals unit for $3.51 bln

Posted at 07:10h in News by
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Private equity firm Lone Star has entered
a deal to buy BASF’s construction chemicals business
for 3.17 billion euros ($3.5 billion) on a cash and debt-free
basis, the German chemicals company said on Saturday as it seeks
to focus on more profitable operations.

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