Keyword: LyondellBasell

News

Blavatnik Seeks up to 15% Stake In New Lyondell

11.03.2010 - Billionaire Len Blavatnik, who led the 2007 leveraged buyout that created LyondellBasell , will seek a stake of up to 15% in the reorganized petrochemical maker when it exits...

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Lyondell Files Restructuring, Rejects Reliance Bid

09.03.2010 - LyondellBasell filed a restructuring plan on Monday, rejecting a takeover bid from India's Reliance Industries that valued the bankrupt petrochemicals firm at $14.5 billion. As...

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Lyondell: Reliance Offer Not Sufficiently Valuable

08.03.2010 - An offer from Indian energy major Reliance Industries was not sufficiently valuable to LyondellBasell to abandon its reorganisation plan, Lyondell said in a court filing on Monday...

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Reliance Not Planning to up Lyondell Offer

04.03.2010 - India's Reliance Industries does not plan to raise its bid for bankrupt petrochemicals maker LyondellBasell, a source familiar with the matter said on Wednesday. Shares in Reliance...

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Lyondell Rejects India's Reliance Bid

02.03.2010 - Bankrupt petrochemicals firm LyondellBasell has rejected a bid by Indian energy major Reliance Industries, Bloomberg reported, citing two people briefed on the matter. Reliance...

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Reliance May Look Elsewhere As Lyondell Hopes Fade

02.03.2010 - Indian energy major Reliance Industries is likely to turn its attention to other acquisition opportunities if its bid for LyondellBasell, valuing the bankrupt firm at $14.5 billion...

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Lyondellbasell Preparing To Stop PP Production in Terni

26.02.2010 - Lyondellbasell said it plans to to cease the production of polypropylene (PP) at its plant in Terni, Italy. The company said it has started the employee consultation process...

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Reliance Raises Lyondell Bid to $14.5 Billion

22.02.2010 - Indian energy company Reliance Industries has raised its offer for bankrupt petrochemicals maker Lyondellbasell to about $14.5 billion, Bloomberg News reported on Sunday, citing...