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Colorcon notifies CADE of plan to buy Basf's coating systems product line

( May 31, 2016, 15:07 GMT | Official Statement) -- MLex Summary: American pharmaceutical company Colorcon has notified the Brazilian competition agency of its plan to acquire German chemical producer Basf's coating systems product line. The transaction includes Basf's Kollicoat coating system product business, including its current customer business, inventory and relevant know-how. The companies filed paperwork with the antitrust agency using a full-form notification. Basf is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock Exchange. Colorcon is a privately owned company.OJ statement follows in Portuguese....

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