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WESTLAKE CORP M&A Activity 2013

Mar 7, 2013

30551_rns_2013-03-07_487fa149-f648-4255-8c05-3821934f0f2a.zip

M&A Activity

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): March 6, 2013

WESTLAKE CHEMICAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-32260 76-0346924
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
2801 Post Oak Boulevard, Suite 600 Houston, Texas 77056
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (713) 960-9111

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On March 6, 2013, Westlake Chemical Corporation announced that it had signed an agreement to acquire the assets of the Pipe and Foundations Group business of CertainTeed Corporation, a subsidiary of Compagnie de Saint-Gobain. The purchase price is $175 million in cash, including $22 million of working capital, with closing adjustments. The transaction is subject to closing conditions including regulatory review. A copy of Westlake's press release is furnished as Exhibit 99.1 to this Form 8-K.

Item 9.01. Fin ancial Statements and Exhibits.

(d) Exhibits

99.1 Press Release of Westlake Chemical Corporation dated March 6, 2013*

  • This exhibit is intended to be furnished and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

By: WESTLAKE CHEMICAL CORPORATION — /S/ ALBERT CHAO
Albert Chao President and Chief Executive Officer
Date: March 7, 2013

EXHIBIT INDEX

Exhibit No. Description
99.1 Press Release of Westlake Chemical Corporation dated March 6, 2013*
  • This exhibit is intended to be furnished and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended.