EU has recognized purchase Basell Lyondell Chemical for $19 billion
European Union has approved purchase of American petrochemical company Lyondell Chemical Co. by the Netherlands polypropylene manufacturer Basell AF for 19 billion dollars.
Eurocommission considers that the transaction will not put damage of a competition in the European market.
Basell belongs to Access Industries.
Basell will get Lyondell Chemical Co. at the price of 48 dollars per share. […]
