BASF Buys Majority Stake in UBench

Date : 09/30/2019 @ 6:19PM
Source : Dow Jones News
Stock : BASF AG (BAS)
Quote : 41.58  0.0 (0.00%) @ 1:00AM
BASF share price Chart

BASF Buys Majority Stake in UBench

BASF (XE:BAS)
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1 Year : From Apr 2019 to Apr 2020

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   By Kim Richters 
 

BASF SE (BAS.XE) said Monday that it bought the majority stake in UBench Internet NV.

The German chemical company didn't comment on financial details of the deal with the Belgian company, which is active in the automotive sector.

UBench has offices in the Belgian cities Turnhout and Geel and employs 30 people, according to BASF.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

September 30, 2019 13:04 ET (17:04 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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