Wednesday, September 16, 2009

LyondellBasell mulls stock offering to raise funds to exit bankruptcy protection

A sudden cash crunch at the beginning of the year had forced LyondellBasell to seek bankruptcy. To help the company exit bankruptcy protection, the bankrupt petrochem maker is mulling a stock offeringg to raise funds.

For more details on LyondellBasell mulls stock offering to raise funds to exit bankruptcy protection click here

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