BASF Buys Majority Stake in UBench
01 October 2019 - 3:19AM
Dow Jones News
By Kim Richters
BASF SE (BAS.XE) said Monday that it bought the majority stake
in UBench Internet NV.
The German chemical company didn't comment on financial details
of the deal with the Belgian company, which is active in the
automotive sector.
UBench has offices in the Belgian cities Turnhout and Geel and
employs 30 people, according to BASF.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
September 30, 2019 13:04 ET (17:04 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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