NewsFlashAbu Dhabi's IPIC $2.3bn offer to buy NOVA Chemicals

23 February 2009 13:47  [Source: ICIS news]

LONDON (ICIS news)--The Abu Dhabi-based International Petroleum Investment Company (IPIC) has made an all-cash offer to acquire Canadian petrochemicals producer Nova Chemicals for $2.3bn, Nova said on Monday.

Nova has recommended the offer to its shareholders.

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By: Mark Watts
+44 20 8652 3214

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