LyondellBasell agrees to sell four European O&P sites to AEQUITA; expects $700-900M loss

LyondellBasell Industries N.V.

LYB signs put option with AEQUITA to sell assets at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), Berre (France).
Base purchase price €167M, adjusted to nominal; LYB contributes €265M pre-close; earn-out up to €100M.
Expected loss on sale $700-900M plus $100-150M in other costs before close.
Closing expected first half 2026, subject to works council consultations and regulatory approvals.

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