Brief: Methanex Corporation Signs Definitive Agreement To Acquire OCI Global's International Methanol Business For $2.05 Billion

Methanex

09/09/2024 02:14

Sept 8 (Reuters) - Methanex Corp  MX.TO :
    * METHANEX CORPORATION SIGNS DEFINITIVE AGREEMENT TO ACQUIRE
OCI
GLOBAL’S INTERNATIONAL METHANOL BUSINESS FOR $2.05 BILLION
    * METHANEX CORP: ACQUISITION EXPECTED TO BE IMMEDIATELY
ACCRETIVE
TO FREE CASH FLOW PER SHARE
    * METHANEX CORP - TO INTEGRATE OCI ASSETS INTO GLOBAL
MANAGEMENT
PROCESSES
    * METHANEX CORP - ACQUISITION TO ADD $275 MILLION ANNUAL
ADJUSTED
EBITDA
    * METHANEX CORP: COMPANY HAS OBTAINED A FULLY COMMITTED DEBT
FINANCING PACKAGE FROM ROYAL BANK OF CANADA TO SUPPORT
TRANSACTION

Source text for Eikon:  ID:nGNX40vsgL 
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 ((Reuters.Briefs@thomsonreuters.com;))