# American Securities to acquire Hexion Holdings for $30 per share

Hexion Holdings Corporation announced it has entered into a definitive agreement to be acquired by affiliates of American Securities LLC for $30.00 per share in cash, with the transaction expected to close in the first half of 2022.

- Type: Acquisition
- Announced: 2021-12-20
- Where: United States
- Status: announced
- Products: adhesives, performance materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Apollo Global Management](https://endata.com/companies/3851.md) (investor)
- [American Securities LLC](https://endata.com/companies/8969.md) (acquirer)
- [Hexion](https://endata.com/companies/22326.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/13239/000095010321019948/dp163891_ex9901.htm), 2021-12-20: "Hexion Holdings Corporation today announced that it has entered into a definitive agreement to be acquired by affiliates of American Securities LLC for $30.00 per share in cash."
- [chemanager-online.com](https://chemanager-online.com/en/news/hexion-holding-to-be-sold-to-american-securities), 2021-12-21: "The transaction delivers substantial value to shareholders."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/hexion-holdings-to-be-acquired-by-american-securities/), 2022-01-06: "Hexion Holdings Corporation has announced a definitive agreement to be acquired by affiliates of American Securities for USD 30.00 per share in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.