BASF receives approximately 5.8 billion euros in pre-tax cash profits from completing the paint business transaction with Kure.

According to the news from BASF, the paint business transaction announced by BASF and Clariant on October 10, 2025, has obtained all necessary regulatory approvals and was officially completed on June 30, 2026. On June 30, 2026, BASF received approximately 5.8 billion euros in pre-tax cash proceeds. After the transaction was completed, BASF holds a 40% stake in the new company Svetoo.