Chemieunternehmen: BASF: Diese vier Banken sollen die Agrarsparte 2027 an die Börse bringen
BASF will sein Agrargeschäft 2027 an die Frankfurter Börse bringen. Die Sparte könnte zwischen 20 und 30 Milliarden Euro wert sein. Im Konsortium ist auch die Deutsche Bank vertreten.
Munich - The German chemical corporation BASF is advancing plans for a billion-dollar listing of its agricultural business on the stock market. The company has selected four banks to assist with the preparations, including US investment banks Citi, Goldman Sachs, and JP Morgan, along with Deutsche Bank. BASF announced these details on Monday.
The initial public offering (IPO) is planned for next year in Frankfurt. At the latest by mid-2027, BASF Agricultural Solutions should be ready for this significant step. The company intends to retain a majority stake in the business, allowing it to continue recording profits within the corporation.
This could be one of the most significant IPOs on the Frankfurt stock market in recent years. According to an exclusive report by the Handelsblatt in early July, analysts estimate the valuation to be between 20 and 30 billion euros. "We are expecting a megadeal," said an insider. However, the exact date for the emission remains undecided, BASF emphasized.
The decision regarding the timing of the listing in the first half of 2027 depends on the state of the capital market. Typically, the banks are chosen about six months before the first notice. Therefore, an IPO in the second quarter of the year would also be a possible timeline.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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