secwatch.observer — SEC 8-K summary
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Issuer:     LyondellBasell Industries N.V. (LYB)
CIK:        0001489393
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001489393-25-000033
Event type: m_and_a
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.05, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489393/000148939325000033/0001489393-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489393/000148939325000033/lyb-20250605.htm
  HTML page:      https://secwatch.observer/filing/0001489393-25-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer