M&A
confidence high
sentiment positive
materiality 0.85
Olin and Huntsman merge in all-stock deal to form $12B+ chemicals leader
OLIN Corp
- All-stock merger of equals; Olin shareholders ~54.5%, Huntsman ~45.5% ownership of OlinHuntsman.
- Ken Lane (Olin CEO) to be CEO, Peter Huntsman non-executive Chairman; Phil Lister CFO; HQ in The Woodlands, TX.
- Identified >$400M cost synergies and integration benefits plus ~$125M cash tax benefits from NOLs.
- Exchange ratio: 0.5476 Olin shares per Huntsman share; expected close first half 2027.
- Combined 2025 pro forma revenue ~$12.5B; creates vertical integration in chlorine and downstream materials.