EU approves BASF's coatings deal with Carlyle

Sherwin-Williams Company
Carlyle Group Inc
Blackstone Inc.

Sherwin-Williams Company

SHW

0.00

Carlyle Group Inc

CG

0.00

Blackstone Inc.

BX

0.00

June 2 (Reuters) - The European Commission on Tuesday said it had approved the sale by BASF BASFn.DE of a majority stake in its coatings business to private equity firm Carlyle CG.O.

The Commission said the approval was conditional upon full compliance with the commitments offered by Carlyle, which entails divesting the worldwide polysulfides business of Nouryon to a suitable purchaser.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.