Entering text into the input field will update the search result below

BASF to carve out auto catalyst unit, spend €4.5B in battery materials

Dec. 07, 2021 10:41 AM ETBASF SE (BASFY)By: Carl Surran, SA News Editor1 Comment

Behind the scenes of Antwerp port

Mark Renders/Getty Images News

  • BASF (OTCQX:BASFY +2.7%) says it will carve out its catalytic converter business to become a standalone subsidiary, which the company says will allow for future strategic options as it shifts focus on battery materials

Recommended For You

Comments (1)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

T
Interesting. But I am not a fan of those carve-outs. They are a taxable event in my country.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.