Keyword: Wintershall

News

BASF and L1 Complete Oil & Gas Merger

03.05.2019 - BASF and LetterOne (L1), a Luxembourg-based consortium of Russian investors, have completed the merger of their oil and gas subsidiaries Wintershall and DEA following all...

News

Wintershall DEA to Cut 1,000 Jobs

27.02.2019 - BASF and Letter One, a Luxembourg-based consortium of Russian investors, are anticipating regulatory approvals for the merger of their oil and gas businesses soon, BASF said at its...

News

EU Safeguards for Iran Investment Sealed

08.08.2018 - EU safeguards for member states whose companies want to invest in Iran – colloquially known as the “blocking mechanism” –officially entered into the bloc’s legal statutes on Aug. 7...

Markets & Companies

2017 Through the Rear-view Mirror

08.01.2018 - The year just ended was marked by a flood of M&A activity also in the distribution sector. Leading the way, German giant Brenntag said it planned to acquire all shares of specialty...

Markets & Companies

2017 Through the Rear-view Mirror

08.01.2018 - On the pharmaceutical side, super-dimensioned M&A activity was somewhat more modest. Many of the deals were between players in the biochemicals segment or conventional drugmakers...

Markets & Companies

2017 Through the Rear-view Mirror

08.01.2018 - The chemical production sector saw more activity than pharmaceuticals in 2017. Beyond the mega-mergers, one of the most significant deals of 2017 was BASF’s announcement in early...

Markets & Companies

2017 Through the Rear-view Mirror

08.01.2018 - Mergers and acquisitions, new petrochemical projects, the dismantling of US environmental regulations, and a tussle over the hazards of pesticides in Europe, along with a...

News

Wintershall DEA now a Done Deal

08.12.2017 - Confirming reports circulating earlier in the day that a deal was imminent, BASF announced on Dec. 7 that it had signed a letter of intent with LetterOne (L1) to merge its oil and...