Correction to LafargeHolcim Press Pickup
10 Oktober 2019 - 10:00AM
Dow Jones News
LafargeHolcim was the last strategic suitor pursuing the
construction chemicals business due to BASF's valuation
expectations for the division. "LafargeHolcim Declines to Bid for
BASF Unit -Bloomberg," at 0625 GMT, incorrectly said LafargeHolcim
was the last suitor because of BASF's disappointing outlook in the
third paragraph. LafargeHolcim was the last strategic suitor, not
the last suitor, and it dropped out because of valuation
expectations rather than BASF's disappointing outlook, according to
Bloomberg.
(END) Dow Jones Newswires
October 10, 2019 03:45 ET (07:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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