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Strategies & Market Trends : Natural Resource Stocks

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isopatch

To: richardred who wrote (93034)	6/21/2019 6:37:30 AM
From: richardred	1 Recommendation Read Replies (1) of 108558

Chevron-Phillips 66 Venture Bids $15 Billion for Nova Chemicals: Report Abu Dhabi's Mubadala has been looking into selling Nova, a plastics producer, Reuters reported. Chevron Phillips Chemical offered to acquire Nova Chemicals for more than $15 billion including debt, Reuters reported Thursday, citing people familiar with the matter. Chevron Phillips is a joint venture of Chevron ( CVX - Get Report) and Phillips 66 ( PSX - Get Report) , the multinational energy companies based respectively in San Ramon, California, and Houston. Nova is a unit of Mubadala Investment of Abu Dhabi. thestreet.com

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