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Carlyle Group completed the €7.7 billion acquisition of BASF's coatings business on June 30 after receiving all regulatory approvals. BASF will retain a 40% equity stake in the newly formed standalone
BASF Coatings has appointed its new executive leadership team ahead of its planned independence from BASF SE on July 1 following a transaction with Carlyle Group. Jens Luehring will serve as CEO, supp
The EU Commission conditionally approved Carlyle Group's acquisition of BASF's global coatings division, requiring the divestiture of Nouryon's polysulfide rubber business to prevent supply chain mono
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