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LyondellBasell gains US antitrust clearance for A. Schulman acquisition

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LyondellBasell gains US antitrust clearance for A. Schulman acquisition

Commodity chemicals manufacturer LyondellBasell Industries NV won early termination of the waiting period under the Hart-Scott-Rodino Act by the Federal Trade Commission for its pending acquisition of A. Schulman Inc.

The waiting period termination was one of the closing conditions for the deal, which still requires A. Schulman shareholders' approval and relevant regulatory approvals.

The deal is expected to close in the second half of 2018.