Axiall acquired by Westlake Chemical for $33 per share in all-cash transaction with $3.8 billion enterprise value
Clients Axiall Corporation
Jones Day advised Axiall Corporation in connection with Westlake Chemical Corporation's $3.8 billion enterprise value acquisition. Westlake acquired all of the outstanding shares of Axiall for $33 per share in an all-cash transaction. This follows Westlake's initial unsolicited offer of $20 per share.