Huntsman And Olin Merge In All-Stock Deal To Tackle Global Specialty Chemicals Challenges – ‘We Compete More Today Against Countries Than Companies’
The combined entity, OlinHuntsman Corporation, would generate more than $400 million in cost savings and $125 million in cash tax benefits. Huntsman shareholders will receive 0.5476 Olin shares for each Huntsman share. Olin’s current chief executive, Ken Lane, will assume the top job at the new company, and Peter Huntsman will serve as non-executive chairman … Read more