2007年7月5日
亨斯曼公司今天宣布,它已从Hexion Specialty Chemicals,Inc。(“ Hexion”)中获得,该实体由Apollo Management,L.P.的附属公司拥有,该提案(“ Hexion Fomposal”)以获取Huntsman的所有未偿还普通股每股现金27.25美元。
六角提案将终止亨斯曼先前宣布与Basell AF(“ Basell”)(“ Basell协议”)的合并协议,并执行与Hexion的确定合并协议。The Hexion Proposal’s terms include that Hexion will have up to 12 months, subject to a 90 day extension in the judgment of the Huntsman Board of Directors under certain circumstances, to close the transaction and that the cash price per share to be paid by Hexion will increase at the rate of 8% per annum (inclusive of any dividends paid) beginning nine months after a definitive merger agreement is executed. The required financing for the Hexion Proposal is fully committed. Furthermore, the proposal does not include a financing condition. The Hexion Proposal also includes a $325 million reverse break-up fee payable by Hexion to the Company in the event the transaction does not close due to the failure to obtain regulatory clearance or requisite financing. The Hexion Proposal provides for a $225 million termination fee payable by Huntsman in the event of certain terminations by Huntsman in connection with the exercise by the Board of Directors or the Transaction Committee thereof of its fiduciary duties.
正如2007年6月26日宣布的那样,亨斯曼签订了巴塞尔协议,根据巴塞尔同意以每股25.25美元的现金收购亨斯曼的所有流通普通股。BASELL协议可以在某些情况下终止,包括公司是否收到了卓越的建议并向Basell提供预先通知。如果在这种情况下终止了巴塞尔协议,巴塞尔将有权获得2亿美元的付款。Hexion已同意直接为这笔付款提供1亿美元的资金,如果在某些情况下没有完成与六角形的交易,则可以由Huntsman偿还。
亨斯曼董事会仅由独立董事的交易委员会达成一致的协议,得出的结论是,正如巴塞尔协议中所定义的那样,可以合理地期望六角提案合理地提出一项优越的建议。交易委员会正在继续评估六角提案的条款,公司及其顾问正在就其提案进行讨论。交易委员会在确定是否提出六个提案时将考虑公司的主要股东的意见。目前要求这些主要股东在与巴塞尔的现有投票协议下支持BASELL协议,除非董事会或交易委员会选择终止Basell协议以有利于卓越的建议。在与六角股和主要股东的讨论结束之前,亨斯曼董事会和交易委员会都没有改变了有关与巴塞尔的拟议合并的建议。亨斯曼不能保证六角形提案将导致确定或完成交易。