--German pharmaceuticals and chemicals company Merck KGaA (MRK.XE) has met with potential bidders and financial advisers as it explores the sale of a pigments unit that could be valued at up to $1.7 billion, Bloomberg reports, citing sources.

--Germany's BASF and Switzerland's Clariant have both put their pigments operations on sale amid weaker demand in the automotive sector, Bloomberg reports.

Full story: https://bloom.bg/2XFbE77

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(END) Dow Jones Newswires

November 20, 2019 02:58 ET (07:58 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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