]BASF closed the divestiture of its global pigments business to DIC following the fulfillment of clearance conditions. The purchase price on a cash and debt-free basis is €1.15 billion. BASF and DIC had reached an agreement on the acquisition of BASF’s global pigments business with approximately 2,600 employees on Aug. 29, 2019. DIC is a Japanese company listed at the Tokyo Stock Exchange with about 20,000 employees globally. The company headquartered in Tokyo was founded in 1908, is active in ...