← THE WIRE
1D EOD · SEP 25 CLOSE
● Regulation · M&APR Newswire · BreakingAI-written from PR Newswire reporting · checked automatically, not by a personWho answers for this

OLIN and HUNTSMAN Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger

OLIN and Huntsman said the U.S. antitrust waiting period for their proposed merger has expired, clearing a key Hart-Scott-Rodino review step. The announcement reduces one regulatory hurdle, but closing still depends on the transaction’s remaining conditions and the companies’ weak recent profitability leaves execution risk in focus.

Keep this report. See new evidence in Following.
The storyAI-written · 1 min read

Olin and Huntsman announced on Sept. 11 that the waiting period required under the U.S. Hart-Scott-Rodino Antitrust Improvements Act had expired for their proposed merger.

The HSR step is a procedural milestone in U.S. merger review: once the waiting period expires, the transaction can move beyond that initial antitrust waiting period, subject to other applicable conditions. The announcement marks a change from the prior status of the deal, when this review period remained outstanding.

For Olin, the transaction touches a company with FY2025 revenue of $6.8 billion, up 3.7% year over year, but a -1.5% net margin and dilutive EPS of $-0.88. Huntsman reported FY2025 revenue of $5.7 billion, down 5.8% year over year, with a -5.0% net margin and dilutive EPS of $-1.65. Those figures frame the potential combination against pressure on both businesses rather than against a backdrop of strong current earnings.

The next decisive markers are the companies’ disclosures on remaining approvals, shareholder or other closing conditions, and any announced completion date. Future filings or transaction updates would need to establish the merger consideration, expected timing, and how the combined company would address the two businesses’ recent losses.

The read · Sep 11

OLIN (OLN) and Huntsman (HUN) said the U.S. antitrust waiting period for their proposed merger has expired.

The milestone removes one U.S. antitrust waiting-period hurdle, which lowers execution risk for the proposed combination. The unresolved terms, timing and post-close earnings path matter more because OLN and HUN both reported negative FY2025 net margins, at -1.5% and -5.0% respectively.

What could change this view

The read fails if remaining regulatory or closing conditions delay or block the merger, or if subsequent disclosures show weak transaction economics and limited operational improvement.

CoverageSource: PR Newswire · Published here FRI, SEP 11 · 7:30 AM ET · the only report in this recordHow this is decided →

Named in the readOLN +0.9%HUN +1.3%1D EOD · SEP 25
PR NEWSWIRE / FILE
The chart · OLNTradingView · third-party feed, not the Wire’s licensed closes
🔒 Click to interact · scroll moves the page
Story timeline0 later reports

Earlier context and later coverage are dated relative to this report. Automatically linked reports may cover a broader event.

You are reading this report

No later reports linked yet.

Follow this story to find new evidence in your Following desk.

Since this story · named here, equal weight · 1D EOD-5.7%
SEP 11 · first close after publicationSEP 25

Price context does not establish that the story caused the move.

▲ The case it holds

The expired HSR waiting period removes a named U.S. antitrust procedural hurdle and leaves the proposed merger with a clearer path toward completion.

▼ The case it breaks

FY2025 net margins were -1.5% for OLN and -5.0% for HUN.

Receipts
Research, not advice.

Kept as written · your side, if you take one, is graded privately against licensed closes after 10 trading days · nothing here is advice · How the Wire is made →

SharePost on X
READER EVIDENCEOpens with the recordFollow the story to be told when it moves.