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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BASF AG | TG:BAS | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30 | 0.62% | 49.05 | 48.90 | 49.20 | 49.485 | 48.50 | 48.70 | 241,006 | 22:50:04 |
From May 2019 to May 2024
By Joshua Stein
BASF SE said Tuesday that it has invested in Chinese industrial synthetic-biotech company, Bota Biosciences Ltd.
The German chemicals company said its subsidiary, BASF Venture Capital, is investing in Bota Bio, a company that develops biotechnology to enable biomanufacturing of common household and industrial products.
"With our investment in this promising young company, we are strengthening BASF's activities related to sustainability and enhancing the group's potential for innovation in the dynamic Asian markets," Markus Solibieda, BASF Venture Capital managing director, said.
BASF didn't disclose the financial details of the investment.
Write to Joshua Stein at joshua.stein@wsj.com
(END) Dow Jones Newswires
March 16, 2021 04:20 ET (08:20 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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