BASF Names Agricultural-Solutions Leadership Ahead of Planned Frankfurt IPO
By Joshua Kirby
BASF said it plans to list its agricultural-solutions business in its home country, Germany, and named a management board for the new entity ahead of float planned for 2027.
The business will be listed on the Frankfurt stock exchange, the chemicals giant said Tuesday. A management board will meanwhile lead the agricultural-solutions division through its transition into an independent and publicly-listed company, beginning in May next year, BASF said.
That board will be led by long-serving executive Livio Tedeschi as president, as previously set out, BASF said. Sascha Bibert, currently finance chief at French steel-tube maker Vallourec, will be in charge of finance on the board, BASF said. Two other existing BASF executives will complete the board.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
November 11, 2025 08:54 ET (13:54 GMT)
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