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News Feb 21, 2018

LyondellBasell to Acquire A. Schulman for $2.25 Billion

Shearman & Sterling advised LyondellBasell Industries N.V. on its merger transaction with A. Schulman, Inc., a company listed on NASDAQ, for $2.25 billion. 

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world, and A. Schulman, Inc. (NASDAQ: SHLM) is a leading global supplier of high-performance plastic compounds, composites and powders.

The Shearman & Sterling team below was supported by associates Alex Muller (New York-Compensation, Governance & ERISA), Brian Lee, Allen Mack (both New York-Corporate Group) and Alyssa Pont (Washington, DC-Litigation).

The Team