Sound value for asset in tough market

Sale of 50 percent of Sasol’s Us-based chemicals business to Lyondellbasell a positive in development in beefing up its balance sheet, writes Dineo Faku

BUSINESS


SASOL shareholders have voted overwhelmingly for the 50 percent sale of its Us-based chemicals business to Lyondellbasell in a bid to reduce debt. The shareholders gave over 99 percent support for the sale that would see Sasol jointly operating the...

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