LyondellBassell (LYB) -2.4% premarket as Apollo Management and Access Industries plan to sell...
Tuesday, September 4, 2012, 9:08 AM ETLyondellBassell (LYB) -2.4% premarket as Apollo Management and Access Industries plan to sell 17.5M shares amid anticipated demand generated by the inclusion of LYB into the S&P 500 index. Apollo is LYB's largest shareholder with a 29.8% ownership stake, or 171M shares, while Access founder Len Blavatnik holds a ~14% stake and is the no. 2 holder.
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