Entering text into the input field will update the search result below

LyondellBasell -2.5% after saying it may borrow $18B for M&A

  • LyondellBasell (LYB -2.5%) tumbles into the close after saying during its investor day presentation that it is evaluating borrowing up to $18B for acquisitions.
  • During its presentation, LYB management discussed keeping acquisitions in its existing value chain, but has no plans to acquire any specialty chemical companies, according to TheFly.com.
  • LYB also reportedly says it plans to maintain its dividend and will be more opportunistic on share repurchases.

Recommended For You

About LYB Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
LYB--
LyondellBasell Industries N.V.