Inversor Petroquímica $184 million acquisition of Petroken

5/2/2016
Public acquisition

$ 184 million

Completed

5/2/2016


Overview:

  • Inversor Petroquímica has acquired Petroken for $184 million from LyondellBasell.
  • Bruchou Fernández Madero & Lombardi (Estanislao Olmos) advised the acquirer.
  • Marval O'Farrell & Mairal (Pedro Serrano Espelta) advised the seller.
  • Estudio O´Farrell advised YPF which was initially intended to also acquire the target company but pulled out of the transaction before closing.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Argentina

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Oil and gas


Firms:

Party: Inversor Petroquímica (Acquirer)


Party: LyondellBasell (Seller)