BASF targets Frankfurt for ag solutions IPO

Reuters
2025.11.12 06:09
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BASF SE plans to list its agricultural solutions business on the Frankfurt stock exchange, establishing it as an independent entity while retaining majority ownership. The IPO is part of BASF's strategy, "Winning Ways," announced in September 2024. Effective May 1, 2026, Livio Tedeschi will lead the management board, with other key appointments including Sascha Bibert for finance and Maximilian Becker for business. An industry-specific ERP system will be implemented as the business transitions into its own legal entity, with completion expected by early 2027.

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