Deals
Japan’s DIC Corp. to Buy BASF’s Pigments Unit for $1.1 Billion
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Japanese chemical maker DIC Corp. agreed to buy BASF SE’s pigments business for 985 million euros ($1.1 billion) as it pushes further into providing materials for end-products such as displays, cosmetics, and automobiles.
The Japanese printing ink company plans to close the deal by the end of 2020, subject to regulatory approval, it said in a statement Thursday.