A Schulman Inc
On June 15, LyondellBasell (LYB) said that it’s in talks with Odebrecht for a potential deal to acquire the controlling stake of Braskem (BAK).
Company & Industry Overviews
On May 22, LyondellBasell got approval for the A. Schulman (SHLM) acquisition from the Chinese State Administration of Market Regulation.
For 1Q18, LyondellBasell (LYB) reported revenue of $9.8 billion, an increase of 15.9% on a YoY (year-over-year) basis.
LyondellBasell (LYB) reported revenues of 9.77 billion for 1Q18 today, reflecting growth of 15.9% year-over-year.
As of April 20, 2018, LyondellBasell’s one-year forward PE (price-to-earnings ratio) stands at 10.2x.
As of April 12, LyondellBasell’s (LYB) short interest had fallen since the beginning of 2018.
On February 15, 2018, LyondellBasell (LYB) announced that it has entered into a definitive agreement to acquire A. Schulman (SHLM).
About Barington Capital Group So what is Barington Capital Group, which has been recommending Darden Restaurant Inc. (DRI) break up? It turns out the hedge fund has been around since 1992 and invests in undervalued publicly traded companies that it believes could generate significant return as a result of a change in corporate strategy or […]