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

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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.

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