Lyondell Chemical Company LYO
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EKHBX Evergreen High Income B Fund Analysis, Report, Research, 5 Star Rating – Morningstar
… s financial crisis. He not only held on to the battered debt of cyclical firms like Metaldyne and chemical company Lyondell LYO but he also added to them during the worst of the downturn. Such moves have helped this fund surge ahead of two thirds of its …
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Nova May Be a Takeout Target
The chemical space has seen a flurry of acquisition activity in recent months. Lyondell LYO has been approached by Basell, Huntsman HUN courted by Apollo, and GE Plastics GE swept up by Sabic. It seems like everyone …
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Basell to Purchase Lyondell
… though Basell has finally landed a deal--announcing today a $12.1 billion or $48 per share offer for Lyondell Chemical LYO . The offer represents a 20% premium to Lyondell's July 16 closing price and our consider sell price. The deal has received …
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Huntsman to Be Acquired by Basell
… high probability of the deal closing. This acquisition reduces--if not eliminates--the possibility that Lyondell Chemical LYO will receive a takeover offer from Basell. Access Industries, Basell's parent, recently acquired an 8.3% stake in Lyondell …
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Lyondell Looks Good to Billionaire
Lyondell Chemical's LYO shares soared May 11 on news that Occidental Petroleum OXY was selling 21 million Lyondell shares to billionaire Leonard Blavatnik …
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Lyondell Reports 1Q
A scheduled maintenance outage at Lyondell Chemical's LYO Houston refinery took its toll on first-quarter results. We had already baked this operational hiccup into our assumptions …
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Lyondell to Sell Inorganic Chemicals Assets
Lyondell LYO announced Monday that it has completed a proposed agreement to sell its global inorganic chemicals assets to the National Titanium …
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Lyondell under Review
We are placing Lyondell Chemical LYO under review as we dig deeper into its fourth-quarter and full-year results. We're also revisiting our assessment of the firm's refinery operations, which have greatly exceeded our expectations.
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Lyondell Takes Control of Refinery
Lyondell Chemical LYO has acquired Citgo's 41.25% stake in Lyondell-Citgo Refining for $2.1 billion. We view the deal, which brings the Houston …
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Lyondell under Review
Wednesday, Lyondell LYO announced that it had acquired CITGO's 41.25% interest in Lyondell-Citgo Refining (LCR) for a price of $2.1 billion, giving the firm full ownership over the Houston refinery. We are placing Lyondell under review as we assess this news.