---
schema_version: "secwatch.filing_event.v1"
accession: "0001489393-25-000033"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T21:43:59.489745+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001489393-25-000033
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000148939325000033/0001489393-25-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000148939325000033/lyb-20250605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489393-25-000033
- JSON: https://secwatch.observer/filing/0001489393-25-000033.json
- Plain text: https://secwatch.observer/filing/0001489393-25-000033.txt

## Key facts
- Restructurings & Charges
  LyondellBasell Industries N.V. announced a restructuring with charges of approximately $700 million to $900 million affecting Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France).
  - Type: restructuring
  - Charge: approximately $700 million to $900 million
  - Affected area: Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France)
  source text: LYB expects to recognize a loss on sale estimated to be approximately $700 million to $900 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489393/000148939325000033/0001489393-25-000033-index.htm
- Restructurings & Charges
  LyondellBasell Industries N.V. announced a impairment affecting Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France).
  - Type: impairment
  - Affected area: Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France)
  source text: All other long-lived assets of the Target Group have been fully impaired as of June 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489393/000148939325000033/0001489393-25-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.