Announced
Financials
Sources
Tags
Pending
Private
petrochemical products
Chemicals: Diversified
China
Friendly
Majority
Single Bidder
Acquisition
Cross Border
Synopsis
INEOS, a chemicals company, agreed to acquire a 50% stake in Shanghai SECCO Petrochemical, a manufacturer and distributor of chemical products and plastic raw materials, from Sinopec, China Petroleum & Chemical Corporation, for $1.5bn.
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