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1 year ago

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Wintershall Dea to leave Russia, causing net loss at parent BASF

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Wintershall Dea to leave Russia, causing net loss at parent BASF

Chemicals giant BASF BASFn.DE on Tuesday unveiled a 7.3 billion euro ($7.9 billion) non-cash impairment on Wintershall Dea (WINT.UL) , after the oil and gas exploration joint venture decided to exit Russia following its invasion of Ukraine.

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Wintershall Dea to leave Russia, causing net loss at parent BASF

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Wintershall Dea to leave Russia, causing net loss at parent BASF

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