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The divestment of BASF’s mining business follows a comprehensive strategic review within BASF’s Performance Chemicals division. Subject to approval by the relevant merger control authorities and customary closing conditions, the transaction is expected to close in 2027. The parties have agreed not to disclose the financial terms of the transaction.
Amsterdam-based argenx partnered with UNP in 2025. Through that deal, which is worth up to $1.5 billion in biobucks, UNP used its macrocyclic peptide delivery platform to generate candidates against undruggable targets chosen by argenx.
Niemistö, who has been a member of Raisio’s board since 2017, was elected by the board on 6 November 2026. She will serve as chair until the company’s next Annual General Meeting, scheduled for 20 April 2027 in Turku, Finland.
Sonoco announced last week that President and CEO Howard Coker will retire as of Dec. 31, having worked for the company for 41 years. He has held the top spot since 2020. Ernest Haynes, who was recently appointed president of global consumer packaging, will take over as Sonoco’s president and CEO upon Coker’s departure.