LyondellBasell Finalizes Sale of European Assets to AEQUITA as Part of Strategic Portfolio Refinement
LyondellBasell has finalized the divestiture of select European olefins and polyolefins assets to AEQUITA, enhancing its financial flexibility. The transaction includes operations in France, Germany, the UK, and Spain, which will now operate under a new entity named Velogy.
Tickers: $LYB
Topics: chemical industry M&A strategic portfolio refinement