Sale of Basell (Europe) by Shell and BASF to Access Industries
May 2005
Deal Size: ¢4.4bn

BASF and Shell Chemicals are to sell their 50-50 joint venture Basell, one of the world’s leading manufacturers of polyolefins, to a consortium led by New York-based Access Industries together with The Chatterjee Group. A corresponding agreement was signed. The sale price will total EUR 4.4 billion, including debt.

BusinessWire full article
Deal Categories: Chemicals, Pharma, Pre-Natrium

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