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Funds managed by Strategic Value Partners and Blantyre Capital acquired OQ Chemicals, a global manufacturer of Oxo chemicals, from OQ. The transaction closed on April 8, 2025, and the company will be rebranded to OXEA.
“The transaction closed on April 8, 2025, with certain lenders becoming the new shareholders of the Group following a partial equitisation of their loans and injection of new equity.”omanobserver.om
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