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.

Several NFL players wore helmets with extra padding, called ‘Guardian Caps’, in games for the first time on Sunday in the latest move by the league to safeguard against future concussions.France Crawler Excavator Market - Strategic Assessment & Forecast 2024-2029: Sales of Mini- and Compact Excavators and Loaders Surge

Joann Sfar, Thomas Bidegain to Adapt ‘Journey to the End of the Night’ for the Big Screen With Aton Soumache, Alain Attal Producing

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Premarket: Global shares trade higher on moderate optimism about tech companies and global economyEuropean stocks touch record intraday high
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »