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Westlake receives regulatory approval to acquire Axiall

Westlake have received all regulatory approvals required for the acquisition of Axiall Corp., including clearance from both the US and Canadian competition authorities. Axiall filed a definitive proxy statement with the United States Securities and Exchange Commission August 1, 2016, to notify Axiall’s shareholders of a special meeting to be held August 30, 2016 to vote on the transaction. Assuming the Axiall shareholders approve the transaction at that meeting, the closing is expected to occur August 31, 2016.

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