IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Apollo plans to cut LyondellBasell stake

7:21 AM MST | December 14, 2012

LyondellBasell Industries says that private equity firm Apollo Management plans to sell a further 21 million shares in the company, about 3.7% of outstanding shares, through an underwritten offering. Barclays Capital is acting as underwriter. The price was set at $48.50/share. Net proceeds to Apollo, after deducting discounts and commissions, will be approximately $1 billion. The offering closed on 10 December. LyondellBasell will not receive any proceeds from the...

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