MergerJun 16, 2026, 05:16 PM
Huntsman to Merge with Olin in All-Stock Transaction
AI Summary
Huntsman Corporation announced it has entered into an all-stock merger of equals agreement with Olin Corporation. The transaction, unanimously approved by both companies' boards, will result in Huntsman shareholders receiving 0.5476 shares of Olin Common Stock for each Huntsman share. The merger is subject to Olin shareholder approval, and certain Huntsman stockholders have committed to vote their shares in favor of the deal through a separate voting and support agreement.
Key Highlights
- Huntsman Corporation entered into an Agreement and Plan of Merger with Olin Corporation on June 15, 2026.
- The transaction is structured as an all-stock merger of equals.
- Each share of Huntsman common stock will be converted into 0.5476 shares of Olin Common Stock.
- The merger agreement and transactions were unanimously approved by the boards of directors of both Huntsman and Olin.
- Olin shareholder approval is required for the transaction to proceed.
- Key Huntsman stockholders, including Peter Huntsman, signed a voting and support agreement to vote in favor of the merger.
Price Impact
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