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Announced acquisition on Aug. 29, 2019, and expected closing was scheduled for late 2020.
October 28, 2020
By: Anthony Locicero
Copy editor, New York Post
DIC Corporation announced on Aug. 29, 2019, that it had resolved to acquire the shares and assets of the Colors & Effects business of BASF SE, and entered into a sales and purchase agreement. DIC said that the closing of this transaction, originally scheduled for late 2020, is now expected to take place in the first quarter of 2021. Closing is subject to approval by the antitrust authorities of the relevant countries. While DIC had been working closely with BASF to compl...
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