IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

LyondellBasell Added to S&P 500

8:57 AM MDT | September 14, 2012

LyondellBasell’s largest shareholder, private equity firm Apollo Management, is selling 17.5 million new shares of common stock in conjunction with the company’s listing on the S&P 500, which was announced on August 30. The new shares, priced at $46.94/share, will “satisfy a portion of the index-based demand for the company’s ordinary shares as a result of the inclusion,” LyondellBasell says. The sale will decrease Apollo’s stake in the company to 27.4%, and raise proceeds of $821.3 million. Before the sale, Apollo owned 29.8% of LyondellBasell...

This information is only available to Chemical Week subscribers.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
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