Olin Corporation and Huntsman Corporation have announced a definitive agreement to merge in an all-stock transaction, creating a leading North American chemicals company. The merger is structured as a merger of equals, aiming to leverage the strengths of both companies.
The combined entity is expected to generate significant value for shareholders, with identified cost synergies and integration benefits exceeding $400 million. The merger will enhance operational efficiencies and streamline processes across the board.
On a combined basis, the new company is projected to achieve approximately $12.5 billion in revenue by 2025. The merger will integrate Olin’s manufacturing and feedstock capabilities with Huntsman’s downstream products and formulation expertise, creating a comprehensive chemicals portfolio.
Early trading placed Huntsman Corporation at $14.49, compared with its previous close of $15.89.
 dropping 8.81 percent after revealing Olin and Huntsman merger agreement.~br~Olin Corporation and Huntsman Corporation have announced a definitive agreement to merge in an all-stock transaction, creating a leading North American chemicals company.){kind=link}