Olin and Huntsman Propose All-Stock Merger, Stockholder Vote Set for August 2026

Olin Corporation and Huntsman Corporation announced a proposed all-stock combination, with Huntsman reporting second quarter 2026 results including a net loss of $6 million, adjusted EBITDA of $120 million, and free cash flow used of $90 million. The companies signed an all-stock merger agreement, with a stockholder vote scheduled for August 25, 2026. The proposed transaction is subject to approval by Olin shareholders and Huntsman stockholders, as well as receipt of required regulatory approvals from applicable governmental entities. Risks include the possibility that competing offers may be made, potential stockholder litigation, and the effect of the announcement or pendency of the transaction on the companies' ability to attract, motivate, and retain key executives and maintain relationships with customers, vendors, and service providers.