Germany, July 6 -- The coatings transaction between Carlyle and BASF announced on October 10, 2025, was completed on June 30, 2026, following receipt of all required regulatory approvals. The enterprise value of the transaction amounted to €7.7 billion. On June 30, 2026, BASF received pre-tax cash proceeds of around €5.8 billion. Following completion of the transaction, BASF now holds a 40 percent equity stake in Surventis, formerly BASF Coatings, comprising the automotive OEM coatings, automotive refinish coatings, and surface treatment businesses. This transaction, together with the divestiture of the decorative paints business closed in October 2025, values BASF's entire former Coatings division at an enterprise value of S...