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

-0.19%

-0.51%

-1.07%

-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;))

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