--The Industriepark Hoechst near Frankfurt, the second-largest chemical and pharmaceutical site in Germany, is to be put up for sale, Handelsblatt reports, citing unnamed sources.

--The sale could generate billions of euros, according to the newspaper.

--It is so far unclear whether all three major owners--Clariant, Celanese and Sanofi--will sell their stakes of about a third each in the park, which hosts more than 90 companies and around 22,000 workers, Handelsblatt says, citing the sources.

 

Full story in German: https://bit.ly/3xsewWH

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

November 26, 2021 11:12 ET (16:12 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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