{"schema_version":"secwatch.filing_event.v1","accession":"0001122976-22-000016","form_type":"8-K","ticker":"AVNT","cik":"0001122976","company_name":"AVIENT CORP","filed_at":"2022-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.818146+00:00","generated_at":"2026-06-26T06:05:17.842839+00:00","sec_items":["1.01","2.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Avient to acquire DSM Protective Materials (Dyneema) for $1.485B; Q1 adj. EPS beats guidance","bullets":["Q1 sales $1.3B (+11% YoY); GAAP EPS $0.91; adj. EPS $0.99, beating $0.95 guidance.","Acquisition of Dyneema for ~$1.485B (€1.38B); 2022E sales $415M, EBITDA $130M; EPS accretive ~$0.35.","Plans to explore sale of Distribution business to keep leverage ~2.9x and raise EBITDA margins to 18%.","Full-year adj. EPS guidance maintained at $3.50 (ex-acquisition); FCF raised to ~$285M.","Closing expected late 2022; committed financing from Morgan Stanley and J.P. Morgan."],"urls":{"canonical":"https://secwatch.observer/filing/0001122976-22-000016","json":"https://secwatch.observer/filing/0001122976-22-000016.json","markdown":"https://secwatch.observer/filing/0001122976-22-000016.md","text":"https://secwatch.observer/filing/0001122976-22-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1122976/000112297622000016/0001122976-22-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1122976/000112297622000016/avnt-20220419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T06:05:17.842839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}