Print This Page Email This Page Share on LinkedIn Copyright Permissions Comment on This Story Custom Reprints Current Issue View Archives More U.S. BASF, Monsanto to Introduce Drought-Tolerant Corn Early in the Next DecadeNova Cuts 400 Jobs, Warns of ‘Lousy’ Fourth Quarter EarningsCytec, Omnova To Cut Costs, Eliminate JobsMonsanto Earnings Beat Expectations; Raises Full-Year GuidanceHuntsman Will Use Apollo Payments to Reduce Debt Related Stories Basell Completes Acquisition of LyondellConsultants Say Former Dow Executives Pursued LBOLyondellBasell Names Senior LeadershipLyondell Shareholders Approve Basell MergerPerstorp to Acquire Rhodia, Lyondell Isocyanate Units

Regions :: North America :: U.S.

July 25, 2007

Basell to Buy Lyondell Chemical for $12.7 Billion

Peck Hwee Sim and Kerri Walsh

Basell has agreed to acquire Lyondell Chemical for $12.7 billion in an all-cash transaction. Basell says it has offered Lyondell $48/share, a 20% premium to Lyondell’s July 16 closing share price. The total value of the deal including debt is about...

This information is only available to
Chemical Week 24/7 members and subscribers.

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

Email Address First Name Last Name

Not a 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