|Bid||9.63 x 1100|
|Ask||9.77 x 800|
|Day's Range||9.67 - 10.20|
|52 Week Range||1.25 - 17.54|
|Beta (5Y Monthly)||2.44|
|PE Ratio (TTM)||9.42|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 14, 2019|
|1y Target Est||N/A|
South Africa's Sasol said on Wednesday its Louisiana Integrated Polyethylene joint venture (JV) with chemical company LyondellBasell Industries had been established, following closure of the deal on Dec. 1. LyondellBasell agreed in October to acquire a 50% stake in Sasol's base chemicals business at Lake Charles for $2 billion and operate the newly formed 50/50 JV, comprising the base chemicals business.
Moody's Investors Service, ("Moody's") today assigned a Ba3 rating to Gemini HDPE LLC's (Gemini) proposed $600 million senior secured term loan B debt issue to finance INEOS's acquisition of its partner Sasol's 50% interest in the Gemini joint venture. Gemini HDPE's Ba3 rating reflects its ownership consolidation under the Ineos Group Holdings S.A. (INEOS: Ba3 negative) umbrella. INEOS is acquiring its JV partner's 50% stake in Gemini HDPE from a subsidiary of Sasol Limited (Ba2 negative) for $404 million.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 817 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]