said on Sunday it will acquire Dutch green fuel-maker OCI Global’s methanol business in a $2.05-billion deal.
OCI will become the second-largest shareholder of Methanex, with about 13 per cent of the company, OCI said in a separate statement, adding that the deal is expected to close in the first half of 2025.
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Methanex to acquire OCI's methanol business in $2.05 billion dealThe deal includes $1.15 billion in cash, the issuance of 9.9 million shares of Methanex valued at $450 million, it said, adding that it is taking on about...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Methanex buying OCI Global's international methanol business in US$2.05B dealVANCOUVER — Methanex Corp. has signed a deal to buy OCI Global's international methanol business in an agreement valued at US$2.05 billion, including assumed...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »