BRIEF-BASF To Sell Brazilian Decorative Paints Business To Sherwin-Williams

-0.09%

+1.65%

+2.13%

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Sherwin-Williams Company SHW	341.78	-0.09%
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NASDAQ IXIC	17754.09	+2.61%

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;))

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