(Reuters) - Basell, which is owned by U.S. industrialist Len Blavatnik's Access Industries, will pay Lyondell stockholders $48 per common share. That's a 19.6 percent premium to Monday's closing price of $40.12.
The all-cash deal, valued at $12.14 billion, is based on Lyondell's shares outstanding as of March 31.
Read more at Reuters.com Bonds News
The all-cash deal, valued at $12.14 billion, is based on Lyondell's shares outstanding as of March 31.
Read more at Reuters.com Bonds News
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