Franfurt, Aug 21 - Germany's BASF is still seeking opportunities to grow via acquisitions but would not put its rating at risks, its finance head said on Wednesday.
"You aren't simply giving up your rating," Kurt Bock said at a Center for Financial Studies (CFS) event. "We'll do the right thing when we see the right one."
Standard & Poor's rates BASF AA- with a stable outlook -- the highest among European chemical companies.
BASF had said it could make any kind of acquisition that meets its strict criteria thanks to its first-class rating and solid finances. It had also said it could spend up to 10 billion euros ($15 billion) on acquisitions.