BRIEF-Methanex Corporation Signs Definitive Agreement To Acquire OCI Global's International Methanol Business For $2.05 Billion-June 2024-www.financetom.com

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

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

Sep 8, 2024 7:27 PM

Sept 8 (Reuters) - Methanex Corp ( MEOH ):

* METHANEX CORPORATION SIGNS DEFINITIVE AGREEMENT TO ACQUIRE

OCI

GLOBAL'S INTERNATIONAL METHANOL BUSINESS FOR $2.05 BILLION

* METHANEX CORP ( MEOH ): ACQUISITION EXPECTED TO BE IMMEDIATELY

ACCRETIVE

TO FREE CASH FLOW PER SHARE

* METHANEX CORP ( MEOH ) - TO INTEGRATE OCI ASSETS INTO GLOBAL

MANAGEMENT

PROCESSES

* METHANEX CORP ( MEOH ) - ACQUISITION TO ADD $275 MILLION ANNUAL

ADJUSTED

EBITDA

* METHANEX CORP ( MEOH ): COMPANY HAS OBTAINED A FULLY COMMITTED DEBT

FINANCING PACKAGE FROM ROYAL BANK OF CANADA TO SUPPORT

TRANSACTION

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