News & Announcements

Weil Advised the Board of Directors of Axiall in $3.8 Billion Sale to Westlake Chemical

Weil advised the Board of Directors of Axiall Corporation in Axiall’s definitive agreement to be acquired by Westlake Chemical, a manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated products, in an all-cash transaction representing an enterprise value of $3.8 billion. The combined company is the third-largest chlor-alkali producer and the second-largest PVC producer in North America. The deal closed August 31, 2016.

The Weil team was led by Mergers & Acquisitions partner Michael Aiello and included Mergers & Acquisitions associate Adam Templeton.