BASF on track to list agricultural unit by mid-2027 IPO
BASF still targets a listing of its farm division by mid-2027. Four banks have been named coordinators, while that unit's third-quarter sales fell 20%.
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what happened
BASF still plans to list its agricultural division by mid-2027, according to CEO Markus Kamieth, who spoke in a Wednesday statement. He said the shift of worldwide operations into separate legal units, supported by a dedicated ERP platform for the industry, has mostly been finished.
Back in September, the company appointed four banks as global coordinators for the offering. The farm business was the sole unit with lower third-quarter sales, as volumes dropped sharply and revenue fell 20%.
why it matters
For investors, the timing and structure of a possible offering matter most. Appointing global coordinators suggests preparations are moving forward on schedule. The news does not directly change group financials, but the 20% sales decline in the farm unit shows the segment remains under pressure, which the market will weigh when it values the business ahead of a listing.
market impact
BASF: confirmed IPO timeline for the farm unit keeps focus on the company's restructuring
tags
instruments
sources
- BASF chief says IPO of agricultural business is on track for mid-2027 — Reuters, 28 October 2026 at 06:42 UTC
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