Filing Flows › Huntsman (HUN) › Takeover & LBO
Is Huntsman (HUN) a takeover target?
A leveraged buyout does not work for Huntsman on its latest figures: its EBITDA margin is only 1.8% ($102M on revenue of $5.7B), too thin to carry buyout debt. Historically 5.1% of companies with its figures were bought within a year (1.01× the average). Latest signal (2026-07-13): Merger proxy (DEFM14A).
Why a leveraged buyout does not fit
Huntsman kept 1.8% of its revenue as EBITDA over the last 12 months ($102M on $5.7B). A margin that thin cannot carry the debt a leveraged buyout needs — a small dip in sales would leave nothing for interest — so the model gives no buyout price.
What a takeover could cost
Takeovers on record paid a median premium of 32.5% over the share price before the deal (the middle half 20% to 51.8%), according to the 1,437 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Huntsman would cost about $12.55 a share, $2.2B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 20% | $11.37 | $2.0B |
| Median | 32.5% | $12.55 | $2.2B |
| High end (a quarter paid more) | 51.8% | $14.38 | $2.5B |
The odds, from history
Historically 5.1% of companies with its figures were bought within a year (1.01× the average). Its figures put it in decile 6 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
Rumors and deal signals
- 2026-07-13 · DEFM14A · Merger proxy (DEFM14A)
Huntsman's latest quarter
Huntsman, Q3 2026: revenue $1.7B (+18% year over year), operating margin 2.3%, net loss $5.0M, operating cash flow $110M. The chart follows the revenue to costs, profit and cash.
Questions
Is Huntsman being acquired?
The latest signal on file is from 2026-07-13: Merger proxy (DEFM14A). A headline is not a deal; Filing Flows lists the news, 8-K filings and 13D filings about a sale.
Could private equity buy Huntsman?
A leveraged buyout does not work for Huntsman on its latest figures: its EBITDA margin is only 1.8% ($102M on revenue of $5.7B), too thin to carry buyout debt. A margin that thin leaves almost nothing to pay interest with, so buyout debt does not fit.
What would a takeover of Huntsman cost?
Takeovers on record paid a median premium of 32.5% over the share price before the deal (the middle half 20% to 51.8%), according to the 1,437 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Huntsman would cost about $12.55 a share, $2.2B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.