Chevron Phillips Chemical offers to acquire Nova Chemicals for over $15 billion

Chevron Phillips Chemical has offered to acquire Nova Chemicals for more than $15 billion including debt, according to Reuters. The deal would make Chevron Phillips the third-largest polyethylene producer in North America.

“Chevron Phillips Chemical Company, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, according to Reuters.”cpecn.com

• 1 source
• cpecn.comChevron Phillips Chemical Said To Acquire Nova Chemicals - CPECNMike EdwardsJul 24, 2019

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