BASF Engages Bank of America and JPMorgan for Coatings Business Sale

In a significant move to streamline its operations and possibly enhance its financial standing, BASF SE, the global chemical titan, has enlisted the services of Bank of America and JPMorgan Chase to guide it through the potential sale of its coatings division. This decision, announced in recent reports, marks a strategic pivot for BASF as it seeks to focus on its core operations and respond to evolving market demands.

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