Huntsman Corporation · NYSE:HUN
Huntsman — Merger or Acquisition (July 2007)
11 slides from Huntsman's merger presentation, Jul 3, 2007
Slide 1: New Ownership, Winning Strategy Continues
Huntsman Corporation New Ownership, Winning Strategy Continues June 26, 2007
Slide 2: Key Points
Key Points Transaction Announcement: June 26, 2007 Expected Close: 4th Quarter 2007 Aquiror: Basell Consideration: $25.25 per share in cash Closing Conditions: Huntsman shareholder approval and required regulatory approvals Transaction Value: $9.6 billion, including assumption of debt
Slide 3: Corporate Structure
Corporate Structure Huntsman becomes a wholly-owned subsidiary of Basell, a private company owned by Access Industries
Slide 4: Combination Rationale
Combination Rationale Leading Global chemical company with $26 billion in revenues Powerful global footprint Stronger global market positions with significant scale and leadership Jon Huntsman, in order to fully fund his humanitarian and philanthropic endeavors, has desired to sell his shareholding
Slide 5: Powerful Global Footprint
Powerful Global Footprint Worldwide Manufacturing Locations Basell Basell JV Huntsman Huntsman JV Headquarters ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ ¼ NY002XRM_1 NY002XRM_1 ¼ ¼
Slide 6: Basell Overview
Basell Overview Corporate Overview Key Facts: Largest producer of polypropylene and advanced polyolefin products Leading supplier of polyethylene and catalysts Industry leader in licensing polypropylene and polyethylene processes, including providing technical services for its proprietary technologi
Slide 7: Basell Overview: Financial Overview
Basell Overview Financial Overview Revenue and EBITDA ($ in mm) Quarterly Pro-Forma EBITDA ($ in mm) Summary Financials ($ in mm) 2006 Revenue: $14.1 bn 2006 EBITDA: $1.5 bn Reported EBITDA excluding Specials Specials ____________________ Source: Basell Management Presentation. $502 $287 $356 $379 $
Slide 8: Organization and Strategy
Organization and Strategy Access and Basell have indicated their intention to operate Huntsman Corporation as a stand-alone business within Basell. We expect the structure of the four Huntsman divisions to remain in place. We will continue to execute on our existing strategy, plans and projects. No
Slide 9: What does it mean for me?
What does it mean for me? Continued opportunities for exciting and rewarding careers given our transformation to a global market leader focused on its differentiated and pigments businesses. For at least one year following the closing, Basell has committed to provide compensation and employee benefi
Slide 10: Next Steps
Next Steps Continue to work safely. Reassure our customers, suppliers and others with whom you have a relationship on behalf of the company that they can expect the same integrity, quality of product, commitment to service and innovation that have defined our company. Continue to honor existing cont
Slide 11: Additional Information About the Merger
In connection with the proposed Merger, the Company will file a proxy statement with the Securities and Exchange Commission (the “SEC”). INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND