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Ineos

  • Qatari bidder Sheikh Jassim rules out Manchester United move for Lionel Messi

    Takeover latest

    Manchester United will not make any attempt to sign Lionel Messi on a free transfer this summer if Sheikh Jassim Bin Hamad Al Thani buys the club. Messi, 35, is due to leave Paris Saint-Germain next month when his contract with the Qatar-owned French champions expires.  His availability has sparked a €1bn scramble for his [...]

  • Manchester United bidders heading for Old Trafford talks this week

    latest

    Sir Jim Ratcliffe, one of Britain’s richest men and a hopeful buyer of Premier League outfit Manchester United, is set to appear at Old Trafford tomorrow to receive a presentation on the potential sale of the club. In addition to Ratcliffe’s appearance tomorrow, representatives of Shaikh Jassim bin Hamad Al Thani – the man behind [...]

  • INEOS secures £3.1bn to build Europe’s greenest ‘cracker’ power plant

    GET CRACKING

    The Belgian chemical arm of INEOS has raised £3.1bn (€3.5bn) to build the most environmentally sustainable cracker in Europe.

  • Ineos founder Ratcliffe ‘formally’ enters race to buy Manchester United

    January 17, 2023

    Founder of Ineos and one of Britain’s richest men Sir Jim Ratcliffe has officially entered the race to buy Premier League club Manchester United. The current owners, the Glazer family, have appointed a merchant bank – believed to be the Raine Group – to take bids for the Manchester Club, which could fetch up to [...]

  • Ineos in talks with Rolls-Royce to build mini nuclear reactor and power Scottish chemical refinery

    November 27, 2022

    Ineos is reportedly in talks with Rolls-Royce to build a mini nuclear reactor and power its Scottish chemical refinery.  Jointly owned by China’s PetroChina, the Grangemouth factory will need to reach net-zero by 2045 to comply with the Scottish government’s environmental targets, the Sunday Telegraph reported. While Scottish First Minister Nicola Sturgeon has opposed the [...]

  • Ineos presented with £1.2bn bill to make Defender’s rival

    October 9, 2022

    Ineos Automotive has been presented with a £1.2bn bill for its efforts to manufacture a rival to Land Rover’s Defender.  Since its 2017 foundation, the car maker – a subsidiary of chemicals giant Ineos Industries – has faced several challenges, as first reported by the Sunday Times. Ineos doubled its losses to €212m (£193m) in [...]

  • Chelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman Abramovich’s bankers

    May 4, 2022

    Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his business the Ineos Group. The British petrochemicals billionaire made an 11th-hour offer for the Premier League club last week which comprised £2.5bn plus a commitment to invest a further £1.75bn. But Ratcliffe has indicated that he is [...]

  • Ineos strikes deal with New Zealand Rugby to add All Blacks to sporting stable that includes Formula 1, cycling and football teams

    July 28, 2021

    New Zealand Rugby has announced Ineos is to become its official performance partner in a six-year deal beginning in 2022. The deal sees New Zealand Rugby’s national teams, including the All Blacks and the Black Ferns, join the growing Ineos sporting stable, which is owned by British billionaire Sir Jim Ratcliffe. They will join Mercedes-AMG [...]

  • Ineos snaps up Danish oil and gas fields for $150m

    March 18, 2021

    Ineos today said that its energy subsidiary had snapped up Danish firm Hess’ oil and gas assets for $150m (£107m). The deal will see the conglomerate take control of the remaining 61.5 per cent stake in the Syne Ard oil field, as well as 4.8 per cent stake in the Solsort field. It is the [...]

  • Sir Jim Ratcliffe’s Ineos confirms new 4×4 will be built in France

    December 8, 2020

    Sir Jim Ratcliffe’s Ineos today confirmed that it would build its new 4×4 car in France, putting an end to hopes that it would do so in Wales. Back in August it was revealed that the petrochemicals company was in talks to buy a factory at Hambach from Mercedes-Benz. The Hambach site currently manufactures smart [...]

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