Huntsman announces the acquisition of icynene-lapolla

Huntsman announces the acquisition of icynene-lapolla, expanding its downstream footprint in spray polyurethane foam insulation.under terms, huntsman will pay $350 million, subject to customary closing adjustments, in an all-cash transaction funded.huntsman- based on fy2019 adjusted ebitda estimates, purchase price represents about 7 times adjusted ebitda pro forma for synergies.
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