Westlake Chemical Corporation (NYSE: WLK) announced today that it has completed the previously announced acquisition of Axiall Corporation (NYSE: AXLL) for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities.
HOUSTON --(BUSINESS WIRE)--Aug. 24, 2016-- Westlake Chemical Corporation (NYSE:WLK) announced today the completion of a new $1 billion unsecured revolving credit agreement. This new revolving credit facility will have a five year maturity date and replaces the previous asset-based revolving
HOUSTON --(BUSINESS WIRE)--Aug. 22, 2016-- Westlake Chemical Corporation (NYSE:WLK) (“Westlake”) today announced that, as of 5:00 p.m. , New York City time, on August 19, 2016 (the “Early Participation Date”), the aggregate principal amounts listed in the table below of each series of notes listed
-- $0.1906 cents per share dividend declared payable on September 20, 2016 HOUSTON --(BUSINESS WIRE)--Aug. 19, 2016-- The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared on August 18, 2016 a dividend of $0.1906 per share. The dividend will be payable on September 20, 2016 to
HOUSTON --(BUSINESS WIRE)--Aug. 17, 2016-- Westlake Chemical Corporation (NYSE:WLK) provided an update today on its pending acquisition of Axiall Corporation (NYSE:AXLL). Axiall and Westlake have received all regulatory approvals required for the transaction, including clearance from both the U.S.
Axiall Corporation (NYSE: AXLL) and International Chemical Workers’ Union Council Local #45C today announced election results of a collective bargaining agreement at its Eagle Natrium LLC subsidiary, which operates as Axiall Natrium, chemicals facility located in Marshall County, W.Va.
HOUSTON --(BUSINESS WIRE)--Aug. 10, 2016-- Westlake Chemical Corporation (NYSE: WLK) (“Westlake” or the “Company”) today announced that it has closed its previously announced offering of $750,000,000 aggregate principal amount of 3.600% senior unsecured notes due 2026 and $700,000,000 aggregate
HOUSTON --(BUSINESS WIRE)--Aug. 8, 2016-- Westlake Chemical Corporation (NYSE:WLK) (“Westlake” or the “Company”) today announced that it has commenced, subject to the terms and conditions set forth in the Offering Memorandum and Consent Solicitation Statement dated August 8, 2016 (the “Offering
Axiall Corporation (NYSE: AXLL) today announced financial results for the quarter ended June 30, 2016. The company reported net sales of $776.1 million for the second quarter of 2016, compared to net sales of $869.2 million for the second quarter of 2015.
HOUSTON --(BUSINESS WIRE)--Aug. 3, 2016-- Westlake Chemical Corporation (NYSE:WLK) (“Westlake” or the “Company”) today announced that it has priced its previously announced offering of $750,000,000 aggregate principal amount of senior unsecured notes due 2026 (the “2026 Notes”) and $700,000,000