LyondellBasell Industries NV (LYB.N)
16 Feb 2018
Fri, Feb 16 2018
Chemicals maker LyondellBasell Industries NV said it will buy smaller rival A. Schulman Inc for $1.24 billion, doubling the size of its business that supplies plastic compounds to the packaging, electronics and building markets.
* Deal valued at $2.25 bln, including Schulman's debt (Adds CEO comment; updates share movement)
Feb 15 Chemicals maker LyondellBasell Industries NV said Thursday it will buy smaller rival A. Schulman Inc for $1.24 billion, doubling the size of its plastics business and moving into the packaging, electronics and building markets.
BRIEF-Lyondellbasell Says Upon Termination Of Deal, A Schulman To Pay Co Cash Termination Fee Of $50 Million
* LYONDELLBASELL SAYS UPON TERMINATION OF MERGER AGREEMENT UNDER SPECIFIED CIRCUMSTANCES, A SCHULMAN TO PAY CO CASH TERMINATION FEE OF $50 MILLION Source text: (http://bit.ly/2EKzcjE) Further company coverage:
Feb 15 Petrochemical company LyondellBasell Industries NV on Thursday said it would buy plastics maker A. Schulman Inc for $2.25 billion, including debt.
PARIS, Nov 27 French waste and water group Suez and LyondellBasell Industries NV plan to set up a plastic recycling joint venture in the Netherlands, Suez said in a statement.
BRIEF-Lyondellbasell and Suez Purchase European Plastics Recycling Company enters into agreement to purchase 50 pct stake in Quality Circular Polymers
* LYONDELLBASELL AND SUEZ PURCHASE EUROPEAN PLASTICS RECYCLING COMPANY
* LyondellBasell Industries NV - supervisory board has authorized company's management board to declare a dividend of $0.90 per share Source text for Eikon: Further company coverage:
SAO PAULO, Oct 31 Brazilian petrochemical producer Braskem SA on Tuesday denied reports that LyondellBasell Industries NV had approached it with a takeover offer.
LyondellBasell Industries NV has approached Brazil's Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 billion, the Wall Street Journal reported on Monday.
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