MergerJun 16, 2026, 06:51 AM
Olin and Huntsman Announce $12B+ All-Stock Merger of Equals
AI Summary
Olin Corporation and Huntsman Corporation announced a definitive agreement to combine in an all-stock merger of equals. The new entity, OlinHuntsman Corporation, is projected to have approximately $12.5 billion in 2025 revenue and aims to create a leading North American chemicals company with enhanced scale and vertical integration. The merger is expected to generate over $400 million in cost synergies and integration benefits, along with $125 million in cash tax benefits. Ken Lane will lead the combined company as CEO, with Peter Huntsman serving as non-executive Chairman.
Key Highlights
- Olin and Huntsman to combine in an all-stock merger of equals transaction.
- Combined company, OlinHuntsman, to have approximately $12.5 billion in 2025 revenue.
- Expected to generate over $400 million in total identified cost synergies and integration benefits.
- Additional $125 million in cash tax benefits through accelerated Net Operating Losses.
- Huntsman shareholders to receive 0.5476 Olin shares for each Huntsman share.
- Olin shareholders will own approximately 54.5% and Huntsman shareholders 45.5% of the combined company.
- Ken Lane to serve as CEO, Peter Huntsman as non-executive Chairman of OlinHuntsman.
- Transaction expected to close in the first half of 2027, subject to approvals.
Price Impact
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