Lyondell Chemical — Merger or Acquisition (July 2007)
8 slides from Lyondell Chemical's merger presentation, Jul 17, 2007
Slide 1: Employee Meetings
Employee Meetings July 2007
Slide 2: Forward-Looking Statements
Forward-Looking Statements The statements in this presentation relating to matters that are not historical facts are forward-looking statements. Such statements include, but are not limited to, statements about the benefits of the proposed transaction between Lyondell and Basell, including the parti
Slide 3: An Exciting Day in the History of Lyondell
An Exciting Day in the History of Lyondell Lyondell and Basell have signed an agreement under which Basell will acquire all outstanding Lyondell shares for $48 per share, creating one of the world’s largest chemical companies … a $30+ billion global leader Thank You! You’ve done a tremendous job of
Slide 4: Lyondell - Basell Combination
* Combined 2006 revenues would have been approximately $34 billion Lyondell - Basell Combination $30 billion+ global leader* Greater global reach, breadth and balance Stronger polyolefins technology Operational Excellence
Slide 5: Agreement Summary
Agreement Summary Acquirer: Total value: Consideration: Closing conditions: Expected close: Compensation and Management: Basell Approximately $19 billion $48 per share Lyondell shareholder approval Regulatory approvals Several months Through Dec 31, 2008 no less favorable in aggregate benefits: Not
Slide 6: Who is Basell?
Who is Basell? Global leader in polyolefins technology, production and marketing (#1 in polypropylene) 2006 revenues of $13 billion Manufacturing facilities in 19 countries, sales in 120 countries Purchased by Access Industries from BASF and Shell in
Slide 7: Who is Access Industries?
Who is Access Industries? Access is a privately held, U.S. based industrial group headed by Len Blavatnik Industrial focus spans three key sectors: natural resources and chemicals; telecommunications and media; and real estate Holdings in basic materials: Oil and gas Refining Chemicals and polymers
Slide 8: Focus on Doing Our Jobs Safely, Reliably and Efficiently
Focus on Doing Our Jobs Safely, Reliably and Efficiently Path Forward Regulatory filings Shareholder vote Closing within several months Continue timely communications
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