Finance
BASF targets Frankfurt exchange for agricultural business listing
Published by Global Banking & Finance Review®
Posted on November 11, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 11, 2025
2 min readLast updated: January 21, 2026
BASF plans to list its Agriculture Solutions unit on the Frankfurt Stock Exchange by 2027, with a new management board in place.
BERLIN (Reuters) -German chemicals giant BASF said on Tuesday that it was targeting the Frankfurt Stock Exchange as the listing location for its Agriculture Solutions business.
BASF, which also presented a new management board for the business led by Livio Tedeschi, said the decisions mark key steps towards its ongoing push for business to be ready for an initial public offering by 2027.
BASF's CEO Markus Kamieth is pushing to exit or separate businesses that are not closely integrated and physically connected within the group's sprawling chemical plants across the globe.
Under that scheme, BASF moved last month to sell a 60% stake in its coatings business to private equity firm Carlyle and the Qatar Investment Authority, for a 5.8 billion euro ($6.76 billion) cash payment, allowing it to bring a share buyback programme forward.
BASF has said that the agriculture unit, competing in seeds and pesticides with Bayer, Corteva and China's Syngenta, would be IPO-ready by 2027 with BASF eyeing the sale of a minority stake.
The company said on Tuesday it would have the legal designation of a European company, or Societas Europaea.
A unit known as ECMS, which makes catalytic converters and trades in metals that go into them, had also been earmarked for separation from the core group but BASF opted to hold on to if for now.
($1 = 0.8575 euros)
(Writing by Miranda Murrayand Ludwig Burger, Editing by Friederike Heine)
An Initial Public Offering (IPO) is the process through which a private company offers shares to the public for the first time, allowing it to raise capital from public investors.
Equity refers to the ownership interest in a company, represented by shares of stock. It reflects the value of the company that is owned by its shareholders.
Agricultural sectors encompass industries involved in the production, processing, and distribution of food and agricultural products, including crops, livestock, and related services.
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