Chevron and Phillips JV Makes Pitch for Canada's Nova Chemicals, Sources Say -Reuters
20 Junio 2019 - 04:03PM
Noticias Dow Jones
--A joint venture between Chevron Corp. (CVX) and Phillips 66
(PSX) made an offer to acquire Canadian plastics maker Nova
Chemicals, Reuters reported Thursday, citing "people familiar with
the matter."
--Chevron Phillips Chemical Company LP offered more than $15
billion including debt, the report said.
--Abu Dhabi's Mubadala Investment Co. owns Nova, and has been
exploring a sale of the company, the report said.
--None of the companies immediately responded to requests for
comment, the report said.
Full story:
https://www.reuters.com/article/us-novachemicals-m-a-chevronphillips-exc/exclusive-chevron-phillips-chemical-in-bid-to-acquire-nova-chemicals-sources-idUSKCN1TL2OA?il=0
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 20, 2019 16:48 ET (20:48 GMT)
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