Methanex Corporation Secures Regulatory Approvals for OCI Global Acquisition, Transaction Set to Close on June 27
Published / Modified Jun 12 2025
CSIMarket Team / CSIMarket.com
Breaking News: Methanex Corporation Completes Regulatory Review for OCI Global Acquisition
VANCOUVER, British Columbia, June 12, 2025 - Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has successfully cleared all regulatory hurdles under the U.S.
Hart-Scott-Rodino Antitrust Act regarding its acquisition of OCI Global's international methanol business.
The conclusion of the regulatory review means that Methanex is poised to finalize the transaction on June 27, 2025, pending the satisfaction of customary closing conditions.
This acquisition marks a significant step for Methanex as it strengthens its position in the chemical manufacturing sector, particularly in methanol production.
The company?s stock is currently trading at $35.05, reflecting a modest increase of 28.2% above its 52-week low.
The announcement comes in the wake of a strategic review by Methanex on May 1, 2025, where the company outlined its plans to adapt to ongoing market fluctuations and capitalize on emerging opportunities within the global methanol market.
With the closure of this deal, Methanex aims to enhance its operational capacity and increase market share, solidifying its role as a key player in the chemical manufacturing industry.
Investors and industry analysts will be keeping a close eye on the closing of this transaction, as it could have far-reaching implications for Methanex's future growth trajectory and competitive positioning.
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