BRIEF-BASF To Sell Brazilian Decorative Paints Business To Sherwin-Williams-February 2024-www.financetom.com

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

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

Feb 17, 2025 5:37 AM

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:

(Gdansk Newsroom)

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