Olin acquires KA Steel Chemicals $328 million

Olin acquires KA Steel Chemicals for $328 million

5:10 AM, 24th August 2012
Olin acquires KA Steel Chemicals for $328 million

CLAYTON, US: Olin Corporation has completed the previously announced acquisition of privately held KA Steel Chemicals Inc, 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.

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