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Solvay SA (SOLB.BR)

SOLB.BR on Brussels Stock Exchange

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22 Sep 2017
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Tue, Sep 19 2017

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BASF boosts nylon business with 1.6 billion euro Solvay deal

FRANKFURT/BRUSSELS German chemicals group BASF has strengthened its nylon business by agreeing to buy the global polyamide business from Belgian rival Solvay for 1.6 billion euros ($1.9 billion).

UPDATE 2-BASF boosts nylon business with 1.6 bln euro Solvay deal

* Business had 2016 sales of 1.32 bln euros (Adds details on logic and financial impact, shares)

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