NEW YORK – Chemicals and plastics maker Basell said Tuesday it would buy Lyondell Chemical Co. (LYO) for about $12.72 billion, continuing a wave of consolidation in the chemical industry and giving ...
Basell, which is owned by the privately held industrial group Access Industries, is offering $48 per share for the company, a 20% premium over the closing share price on July 16, the day before the ...
LUDWIGSHAFEN, Germany & LONDON--(BUSINESS WIRE)--May 5, 2005--BASF and Shell Chemicals are to sell their 50-50 joint venture Basell, one of the world's leading manufacturers of polyolefins, to a ...
A labor union pension fund has sued Houston's Lyondell Chemical Co. for entering into a deal this month to sell the company for what it said is too low a price. The Plumbers and Pipefitters Local 51 ...
On Tuesday, Basell announced that they have signed a definitive agreement pursuant to which Basell will acquire Lyondell's outstanding common shares for $48 per common share in an all cash transaction ...
DUSSELDORF, GERMANY (Oct. 28, 6:30 a.m. EST) – Basell Polyolefins quietly is dropping its Hivalloy resin product line, after trying for nearly a decade to commercialize the high-performance olefinic ...
In recent years, hedge fund managers like John Paulson and David Tepper, have pulled off some of the greatest trades of all time by doing things like betting against mortgage-backed securities and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Basell, the Dutch chemicals group, on Tuesday agreed to buy US-based Huntsman for $5.9bn in a move which will ...
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