Canada’s Methanex to acquire OCI’s methanol business in $2.05-billion deal

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 11 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Topenergy News

Energy

OCI will become the second-largest shareholder of Methanex, with about 13% of the company

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

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 »