--German pharmaceuticals and chemicals company Merck KGaA (MRK.XE) has met with potential bidders and financial advisers as it explores the sale of a pigments unit that could be valued at up to $1.7 billion, Bloomberg reports, citing sources.

--Germany's BASF and Switzerland's Clariant have both put their pigments operations on sale amid weaker demand in the automotive sector, Bloomberg reports.

 

Full story: https://bloom.bg/2XFbE77

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 20, 2019 02:58 ET (07:58 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
BASF (XE:BAS)
Historical Stock Chart
From Nov 2020 to Dec 2020 Click Here for more BASF Charts.
BASF (XE:BAS)
Historical Stock Chart
From Dec 2019 to Dec 2020 Click Here for more BASF Charts.