BASF To Sell Brazilian Decorative Paints Business To Sherwin-Williams

Reuters

02-17

Feb 17 (Reuters) - BASF SE ::
*BASF TO SELL BRAZILIAN DECORATIVE PAINTS BUSINESS TO SHERWIN-WILLIAMS
*PURCHASE PRICE OF $1.15 BILLION ON A CASH AND DEBT-FREE BASIS
*DIVESTITURE IS EXPECTED TO CLOSE IN THE SECOND HALF OF 2025
*IN Q2 2025, BASF INTENDS TO APPROACH MARKET TO FURTHER EXPLORE STRATEGIC OPTIONS FOR ITS REMAINING COATINGS ACTIVITIES
*Further company coverage: [BASFn.DE]
* (Gdansk Newsroom)
* ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 17-FEB-202512:47:06.09 GMT

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