06:28 AM EDT, 07/20/2026 (MT Newswires) -- German chemicals company BASF (BAS.F) on Monday confirmed to MT Newswires that it approached several banks for the planned initial public offering of its Agricultural Solutions business. A BASF spokesperson said the company is eyeing mid-2027 to achieve capital market readiness for the unit. Following which, it will determine the specific timing for the proposed Frankfurt stock exchange listing, depending on market conditions. MT Newswires had requested BASF to comment on a Bloomberg News story, which stated the company asked several banks to submit proposals for the planned IPO. The spokesperson added, "We do not comment on speculation regarding a possible valuation."

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