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BRIEF-BASF To Sell Brazilian Decorative Paints Business To Sherwin-Williams
شيروين ويليامز كو -0.19%
داو جونز الصناعي -0.51%
إس آند بي 500 -1.07%
ناسداك -1.69%
Sherwin-Williams Company SHW | 328.69 | -0.19% |
Dow Jones Industrial Average DJI | 48458.05 | -0.51% |
S&P 500 index SPX | 6827.41 | -1.07% |
NASDAQ IXIC | 23195.17 | -1.69% |
Feb 17 (Reuters) - BASF SE BASFn.DE:
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;))
