Petrochemicals company Westlake Chemical Corp plans to buy Germany polyvinyl chloride (PVC) maker Vinnolit Holdings GmbH and its subsidiary companies for 490 mln euros (US$667 mln) from private-equity firm Advent International, as per Reuters. Westlake will finance the acquisition with existing cash and credit facilities and expects the deal to close in Q3-2014.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}