News & Announcements

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

Weil is advising 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 approximately $3.8 billion. The combined company will be the third-largest chlor-alkali producer and the second-largest PVC producer in North America. The deal is expected to close by the fourth quarter of 2016, subject to customary closing conditions.

The Weil team is led by Corporate Chairman Michael Aiello and included M&A associate Adam Templeton.