Merck KGaA Mulls Sale of Pigments Unit -Bloomberg
November 20 2019 - 3:13AM
Dow Jones News
--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
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(END) Dow Jones Newswires
November 20, 2019 02:58 ET (07:58 GMT)
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