LyondellBasell (LYB) -2.7% premarket on news that selling shareholders affiliated with Apollo...

|About: LyondellBasell Industries N.V. (LYB)|By:, SA News Editor

LyondellBasell (LYB) -2.7% premarket on news that selling shareholders affiliated with Apollo Capital are offering 20M shares. The price was not disclosed. As of June 30, Apollo owned a 29.8% stake, with ~171M shares. LYB won't receive any proceeds from the sale, and the total number of ordinary shares won't change as a result of the offering.