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Chemicals M&A image Chemicals M&A » By The Online Investor Staff, updated Thu., Apr. 22, 1:31 PM Recent mergers and acquisitions in the Chemicals M&A category.

Slide #4. Olin Corporation K. A. Steel Chemicals Inc.

Acquirer: Olin Corporation (NYSE:OLN)
Acquiree: K. A. Steel Chemicals Inc.
Details: Olin Corporation announced that it had completed the previously announced acquisition of privately held K. A. Steel Chemicals Inc. (KA Steel), on a cash free, debt free basis, for $328 million in cash, subject to certain post-closing adjustments. Olin will utilize the proceeds from the recently completed $200 million senior notes offering and cash on hand to finance the acquisition.

Olin is a manufacturer and distributor of chemical products and a manufacturer of ammunition. Co.'s segment include: Chlor Alkali Products and Vinyls, which manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, and perchloroethylene, among others; Epoxy, which produces and sells a range of epoxy materials, including allyl chloride, epichlorohydrin, liquid epoxy resins, solid epoxy resins and downstream products; and Winchester, which produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

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Company Name: 
Olin Corp.
Stock buyback: 
OLN buyback
Website: 
www.olin.com
Sector: 
Chemicals
Number of ETFs Holding OLN: 
58
Total Market Value Held by ETFs: 
$944.60M
Total Market Capitalization: 
$6.26B
% of Market Cap. Held by ETFs: 
15.10%
 

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Quotes delayed 20 minutes



Buy (3.12 out of 4)
34th percentile
(ranked lower than approx. 66% of all stocks covered)

Analysts' Target Price:
OLN Stock Forecast

Based on Zacks ABR data;
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