LyondellBasell (NYSE: LYB) announced today the completion of the sale of select European strategic assessment assets to AEQUITA. The transaction, effective May 1, 2026, advances the company's portfolio realignment strategy.
The deal involves assets that were part of LyondellBasell's ongoing review of its European operations. Specific financial terms were not disclosed.
This move is part of LyondellBasell's broader effort to streamline its portfolio and focus on core businesses. The company has been evaluating its European assets as part of a strategic assessment announced earlier.
