Thursday, April 22, 2010

LyondellBasell could exit Chapter 11 in May bankruptcy

LyondellBasell could exit Chapter 11 bankruptcy, as early as next month, and list on the New York Stock Exchange (NYSE) from the middle of the third quarter of this year, as reported by ICIS. The comppany plans to appeal to the New York bankruptcy court to approve and confirm its Plan of Re-organization, on April 23.

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