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BASF divests

6:28 AM MDT | June 7, 2013

BASF says it has signed a contract to sell its Industrial Water Management France (Lyon) subsidiary to Degrémont (Paris), a water-treatment specialist for local authorities and industrial customers. Degrémont, a subsidiary of Suez Environnement, will continue operations at the acquired business’s production sites at Lyon and La Courneuve, France. The closing of the transaction is expected to take place during the third...

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