Keyword: LyondellBasell

News

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...

News

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...

News

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...

News

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...

News

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...

News

Lyondell Creditor Deal Jeopardizes Reliance Bid

17.02.2010 - Energy major Reliance Industries may be forced to raise its offer for LyondellBasell or abandon its bid all together after the target settled a dispute with creditors that paved...

News

Lyondell Settlement Paves Way For Bankruptcy Exit

17.02.2010 - Lyondellbasell said it has reached a settlement with creditors over a lawsuit stemming from its 2007 leveraged buyout, paving the way for the chemical maker to get out of...

News

Reliance Raises $763 Million in Block Deal

22.01.2010 - Indian energy major Reliance Industries raised $763 million, its third big equity fund raising in less than four months, as it readies to buy bankrupt petrochemicals firm...