IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Olin Closes Acquisition of Pioneer

12:44 PM MDT | September 11, 2007 | Michelle Bryner

Olin says it has completed the acquisition of Pioneer for $35/share, about $411 million in cash (CW, May 30/June 6, p. 8). The purchase price represents a 19% premium over the price of Olin’s shares on May 19, the day before the deal was announced. The deal bumps Olin up a notch to number three in the North American chlor-alkali market, behind Dow Chemical and OxyChem. The deal also makes Olin the top sodium hypochlorite bleach producer in North America. Olin says it expects the acquisition to generate savings of at least $35 million/year by the end of the...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa