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biowin

05/18/25 7:24 AM

#150714 RE: dalesio_98 #150713

So now you believe that can you convince someone to give up their Bioamber Inc shares? You must be joking
Let's dive into Enerkem and who is it's partners
1.
http://www.braemarenergy.com/news/pr/2020/05/enerkem-and-nova_chemicals-collaborate-to-close-the-loop-on-plastics-recycling.html

2. Merger ( first quarter of 2026 $13.4B **including debt)
https://www.novachem.com/media-center/news-releases/adnoc-and-omv-to-create-60-billion-global-polyolefins-champion/

Like I predicted from the beginning of the Bioamber sale ("the sale of the Company as a whole")
Adnoc is scooping up everything that has to do with biofuels/bioplastics/technologies
https://www.plasticstoday.com/business/eu-greenlights-adnoc-s-16-3-billion-takeover-of-covestro

Looks like KKR/Lcy bought the Canadian Subsidiaries only but could be partners into a merger with Adnoc, that's how big money make more billions
Bioamber was funded by the research council of Canada to find a second generation of biosuccinic acid with bigas or other methods of feedstocks)