Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Lyondell Chemical Co. > News item |
Lyondell sets meeting date for merger vote
By Lisa Kerner
Charlotte, N.C., Sept. 25 - Lyondell Chemical Co. will hold a special meeting of shareholders on Nov. 20 at 10 a.m. ET in Houston for the purpose of voting on the company's proposed acquisition by Basell AF and BIL Acquisition Holdings Ltd.
The record date for the meeting is Oct. 9, according to a company news release.
On July 17, Lyondell announced it agreed to be acquired by Basell for $48 per common share in an all-cash transaction valued at some $19 billion including debt.
Lyondell is a Houston-based chemical manufacturing company.
Basell produces polypropylene and advanced polyolefin products. Based in Hoofddorp, the Netherlands, Basell is privately owned by Access Industries.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.