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Sika Is Said to Explore Asset Sales After $6 Billion MBCC Deal

  • Disposals to pave way for regulatory approval of acquisition
  • Swiss building materials firm working with BofA on divestments
An employee loads cans of Sikalastic coating onto a pallet at a Sika AG liquid applied membrane technology (LAM) manufacturing facility in Preston, U.K., on Tuesday, Sept. 22, 2015.

An employee loads cans of Sikalastic coating onto a pallet at a Sika AG liquid applied membrane technology (LAM) manufacturing facility in Preston, U.K., on Tuesday, Sept. 22, 2015.

Photographer: Jason Alden/Bloomberg

Sika AG is considering divesting assets, including some U.S. admixtures operations, to win regulatory approval for its $6 billion acquisition of German rival MBCC Group, people familiar with the matter said. 

The Swiss building materials company is working with advisers at Bank of America Corp. as it studies potential disposals to reduce overlaps between the two companies, the people said, asking not to be identified as the information is private.