Westlake Corp to Acquire Boral North America for $2.15B

Ticker: WLK · Form: 8-K · Filed: 2025-11-12T00:00:00.000Z

Sentiment: mixed

Topics: acquisition, building-products, strategic-move

TL;DR

Westlake buying Boral NA for $2.15B to boost building products biz. Deal expected H1 2026.

AI Summary

Westlake Corporation announced on November 10, 2025, that it has entered into a definitive agreement to acquire Boral North America for $2.15 billion. This acquisition is expected to significantly expand Westlake's building products business and is anticipated to close in the first half of 2026, subject to customary closing conditions.

Why It Matters

This acquisition marks a significant strategic move for Westlake, aiming to bolster its presence in the building products sector and potentially enhance its market position and revenue streams.

Risk Assessment

Risk Level: medium — The acquisition is subject to customary closing conditions and regulatory approvals, introducing potential risks to the completion of the deal.

Key Numbers

$2.15B — Acquisition Price (Westlake's purchase of Boral North America)

Key Players & Entities

Westlake Corporation (company) — Acquiring company
Boral North America (company) — Acquired company
$2.15 billion (dollar_amount) — Acquisition price
November 10, 2025 (date) — Announcement date
first half of 2026 (date) — Expected closing period

FAQ

What is the primary strategic rationale behind Westlake's acquisition of Boral North America?

The acquisition is expected to significantly expand Westlake's building products business.

What is the total purchase price for Boral North America?

Westlake Corporation has agreed to acquire Boral North America for $2.15 billion.

When is the acquisition of Boral North America expected to be completed?

The transaction is anticipated to close in the first half of 2026.

Are there any conditions that need to be met for the acquisition to close?

Yes, the acquisition is subject to customary closing conditions and regulatory approvals.

What is the date of the report for this event?

The date of the report is November 10, 2025.

From the Filing

0001193125-25-275790.txt : 20251112 0001193125-25-275790.hdr.sgml : 20251112 20251112063039 ACCESSION NUMBER: 0001193125-25-275790 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20251110 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20251112 DATE AS OF CHANGE: 20251112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 251468483 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP DATE OF NAME CHANGE: 20030908 8-K 1 d83188d8k.htm 8-K 8-K WESTLAKE CORP false 0001262823 0001262823 2025-11-10 2025-11-10 0001262823 us-gaap:CommonStockMember 2025-11-10 2025-11-10 0001262823 us-gaap:SeniorNotesMember 2025-11-10 2025-11-10     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): November 10, 2025     Westlake Corporation (Exact name of registrant as specified in its charter)       Delaware   001-32260   76-0346924 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   2801 Post Oak Boulevard , Suite 600 Houston , Texas   77056 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (713)   960-9111     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   WLK   The New York Stock Exchange 1.625% Senior Notes due 2029   WLK 29   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 7.01 Regulation FD Disclosure. On November 10, 2025, Westlake Corporation (“Westlake”) issued a press release (the “Pricing Press Release”) attached hereto as Exhibit 99.1, announcing the pricing of its previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 3.600% Senior Notes due 2026. On November 10, 2025, Westlake issued a press release (th