BASF targets Frankfurt Stock Exchange as listing location for Agricultural Solutions and presents its new Management Board
BASF is targeting the Frankfurt stock exchange as the listing location for its Agricultural Solutions business. The planned initial public offering (IPO) of Agricultural Solutions as a European company (Societas Europaea, SE) represents a major milestone in BASF’s “Winning Ways” strategy. It will establish the standalone business as an independent, pure-play agricultural company with global reach, robust growth prospects and strong cash flow generation. BASF will remain the majority shareholder and will continue to benefit from the company’s growth and success, while implementing market customary corporate governance.
