Methanex buying OCI Global's international methanol business in US$2.05B deal

VANCOUVER — 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 debt.

Under the agreement, Methanex will pay OCI US$1.15 billion in cash, issue the company 9.9 million Methanex common shares valued at US$450 million and assume US$450 million in debt and leases.The deal is subject to approval by OCI shareholders and regulators, as well as other closing conditions. It is expected to close in the first half of 2025.Jeremy Saulnier's new thriller Rebel Ridge has won critical praise and climbed to the top of the Netflix UK charts.

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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...
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