Analysts weigh in on IPIC's European acquisition targets

11/22/2009 | ICIS News (U.K.)

Analysts said International Petroleum Investment Co. would benefit from acquiring any of the European firms LyondellBasell, INEOS, BP Chemicals and Bayer MaterialScience. IPIC, which is based in Abu Dhabi in the United Arab Emirates, last week said it hopes to complete a European acquisition by the first quarter of next year.

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