EU approves BASF's coatings deal with Carlyle

Sherwin-Williams

02/06/2026 19:42

    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.

 (Reporting by Bart Meijer, Editing by Dominique Vidalon)
 ((Bart.Meijer@thomsonreuters.com;))