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News & Insights

Olin’s Acquisition of PolyOne’s Interests in SunBelt Partnership

February 28, 2011

On February 28, 2011, Olin Corporation announced that it has acquired PolyOne Corporation’s 50% interest in the SunBelt Chlor Alkali Partnership for $132.3 million in cash plus the assumption of a PolyOne guarantee related to the Partnership debt. With this acquisition, Olin becomes the 100% owner of SunBelt. Cravath represented Olin in connection with this transaction.

The Cravath team included partners Robert I. Townsend and George F. Schoen and associates Mina M. Farbood and Dong (Andy) S. Ham on corporate matters; and partner Michael L. Schler and associate Sonia Rodriguez on tax matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Tax
  • Industrials and Chemicals

People

Photo
Name
Robert I. Townsend III
Title
Corporate
Title
Partner
Email
rtownsend@cravath.com
Phone
+1-212-474-1964
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    Education

    • J.D., 1990, Harvard Law School
      magna cum laude
    • A.B., 1987, Harvard College
      magna cum laude

    Admitted In

    • New York
    Photo
    Name
    George F. Schoen
    Title
    Corporate
    Title
    Partner
    Email
    gschoen@cravath.com
    Phone
    +1-212-474-1740
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      Education

      • J.D., 1998, University of Chicago Law School
        with Honors
      • B.A., 1994, Cornell University

      Admitted In

      • New York
      Photo
      Name
      Michael L. Schler
      Title
      Tax
      Title
      Retired Partner
      Email
      mschler@cravath.com
      Phone
      +1-212-474-1999
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        Education

        • LL.M., 1979, New York University
        • J.D., 1973, Yale Law School
        • B.A., 1970, Harvard University
          magna cum laude

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