IHS Chemical Week

World News and Views :: Top of the News

Canadian Regulators Extend Review of Nova-IPIC Deal

2:39 PM MDT | June 30, 2009 | Kara Sissell

Canadian regulators will extend until July 6 their review of International Petroleum Investment Co.'s (IPIC; Abu Dhabi) acquisition of Nova Chemicals, a request IPIC has agreed to, Nova says. IPIC announced in February it would acquire Nova for $6/share in cash, in a deal that values Nova at $2.3 billion, including debt. IPIC is a sovereign fund that targets global petrochemical investments and has a controlling stake in Borealis (Vienna), which itself owns a 50% stake in Borouge (Abu Dhabi). The investment review division of Industry Canada (Ottawa) is charged...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa