Methanex’s acquisition of OCI Global’s methanol business granted approval

Methanex (MEOH) announced that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global’s international methanol business have been obtained. The transaction is expected to close on June 27, and remains subject to the satisfaction of customary closing conditions.