trending Market Intelligence /marketintelligence/en/news-insights/trending/rExSFONOa1OUdWBJQD34xw2 content esgSubNav
In This List

Westlake Chemical completes acquisition of Axiall

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Westlake Chemical completes acquisition of Axiall

Westlake Chemical Corp. on Aug. 31 completed its acquisition of Axiall Corp. for a transaction value of $3.69 billion.

The company offered $33 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Deutsche Bank AG and Goldman Sachs & Co. LLC were the financial advisers for Westlake Chemical, and Cleary Gottlieb Steen & Hamilton LLP, Morris Nichols Arsht & Tunnell LLP and Potter Anderson & Corroon LLP were the legal advisers.

Barclays Capital Inc. and Morgan Stanley & Co. LLC were the financial advisers for Axiall, while Jones Day, Richards Layton & Finger P.A. and Weil Gotshal & Manges LLP were the legal advisers.