BASF to acquire Johnson Polymer

摘要

BASF will acquire resins manufacturer Johnson Polymer,a subsidiary of JohnsonDiversey Inc.of Sturtevant,WI.The agreement provides for a sale price of 470 million on a cash and debt-free basis.Both companies have agreed not to disclose additional financial details of the deal.The transaction,which is still subject to approval by the relevant authorities,is expected to close by the end of June.