Westlake Chemical Partners acquires 4.50% stake in Westlake Chemical OpCo

Westlake Chemical Partners acquires 4.50% stake in Westlake Chemical OpCo
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

28.03.2019

MOSCOW (MRC) -- Westlake Chemical Partners has agreed to acquire an additional 4.50% limited partner interest in Westlake Chemical OpCo on a fully diluted basis for approximately USD201.4M, as per TheFly.The purchase price for the acquisition represents an enterprise value multiple of approximately 10.5x of OpCo's expected 2019 EBITDA. The Partnership intends to finance the acquisition w

Full article at mrcplast.com

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