MEOH
Methanex Corp
39.77 USD
0.39 (1.00%)
Yesterday High
$40.02
Yesterday Low
$39.16
52w High
$55.04
52w Low
$36.56
Market Cap.
$2.7B
52w Change
-5.11%
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Trending News
A Barclays analyst downgraded Methanex's rating to Equal-Weight and cut the price target, citing concerns that the $2.05 billion acquisition of OCI's methanol business will be an overhang on Methanex's shares due to increased leverage and volatility.
Priya Nigam
Sep 10, 2024
Methanex has agreed to acquire OCI's international methanol business for $2.05 billion, boosting its global methanol production by over 20%. The deal is expected to generate $30 million in annual cost synergies and $275 million in annual EBITDA.
Lekha Gupta
Sep 9, 2024
Methanex Corporation has signed a definitive agreement to acquire OCI Global's international methanol business for $2.05 billion, which is expected to be immediately accretive to free cash flow per share.
Globe Newswire
Sep 9, 2024
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