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HOUSTON – Dutch chemicals company Basell said Tuesday it would buy U.S. competitor Lyondell Chemical Co. for $12.1 billion (all figures U.S.) in cash, creating a global powerhouse and dwarfing ...
Simply sign up to the US companies myFT Digest -- delivered directly to your inbox. Basell, the Dutch chemicals group, on Tuesday offered $12.7bn in cash to buy larger rival Lyondell and cement ...
Basell, a division of billionaire investor Leonard Blavatnik’s Access Industries, said Tuesday it will acquire rival chemical company Huntsman Corp. in a cash deal worth $5.6 billion. Under the ...
DUSSELDORF, GERMANY (Oct. 28, 6:30 a.m. EST) – Basell Polyolefins quietly is dropping its Hivalloy resin product line, after trying for nearly a decade to commercialize the high-performance ...
The $6bn deal beats that announced by Russian-owned Dutch-based chemicals firm Basell in late June, which was pitched at $25.25 per share, also in cash. Huntsman also sports $3.7bn of cash.
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