Monday, December 31, 2007

LyondellBasell to commence with smooth transition for both partners

In July, Basell decided to buy Lyondell's outstanding common shares for US$48 each in an all-cash transaction that, with debt assumed by Basell, was valued at about US$20 billion. Last month, Lyondell shareholders voted to approve the deal, and the transaction closed before year-end as scheduled.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11442&P=P

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: