BASF CEO says has no plans to spin off units

Reuters

FRANKFURT, Oct 25 (Reuters) - BASF's ChiefExecutive Kurt Bock said on Friday that, unlike its U.S. rivalDuPont, the German chemicals group had no plans to splitoff any business units.

DuPont said on Thursday it would spin off its titaniumdioxide unit into a separately traded public company within 18months, yielding to pressure from Wall Street.

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