Kepler Cheuvreux re-initiates JMAT.LN; upgrades BAS.GR; downgrades UMI.BB (pre-European open)
BASF SE to sell Silicates business to PQ; terms not disclosed (€51.99, -0.31)
Hormuz reopening may pressure EU Chemicals and Utilities while Cyclicals may benefit:
Syngenta targeting September-October timeframe for potential Hong Kong IPO - Handelsblatt
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