Ineos Looking at Disposals After Considering IPO

British chemicals group Ineos is looking at full or partial disposals to cut its debt after putting on ice exploratory work for an initial public offering, the Financial Times has reported. The newspaper, quoting people close to the situation, said a listing was one of a range of options that had been considered by Ineos to strengthen its balance sheet. Ineos in July agreed to new terms on its debt. It has debts of about €7.5 billion
built up through acquisitions of petrochemical assets sold off by major oil companies.