Chemical company: BASF: These four banks are supposed to take the agricultural division to the stock exchange in 2027
BASF plans to list its agricultural business on the Frankfurt stock exchange in 2027. The division could be worth between 20 and 30 billion euros. The consortium also includes Deutsche Bank.
BASF is moving forward with plans for a multi-billion euro initial public offering (IPO) of its agricultural business, BASF Agricultural Solutions, in Frankfurt next year. The company has appointed Citi, Goldman Sachs, JP Morgan, and Deutsche Bank to prepare for the IPO. The listing is expected to take place by mid-2027, with BASF aiming to retain a majority stake and continue to fully account for the profits of the high-performing business.
The IPO could be one of the most significant in Frankfurt in years, with a potential valuation of 20-30 billion euros.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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