BASF is working with Deutsche Bank (DB) and Goldman Sachs (GS) on a potential listing of its agricultural chemicals division, Bloomberg reported Monday, citing sources familiar with the matter.
Underwriters will be appointed later, and deliberations are ongoing, with the possibility of more banks taking part, according to the report.
The division could be worth more than 20 billion euros ($21.68 billion), some sources told the news outlet.
BASF has been considering listing the agrichemical business in the US, while Germany is also a venue under consideration, Bloomberg reported.
BASF, Deutsche Bank, and Goldman Sachs did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 23.12, Change: -1.05, Percent Change: -4.33
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。