​

Amount

​

(In millions)

Consideration:

​

​

Cash consideration

$

185.0

Working capital adjustment

​

(11.0)

Earn-out liability

​

4.2

Total fair value of consideration

​

178.2

​

​

​

Fair value of investment in TiO₂ manufacturing
   joint venture

​

178.2

Total

$

356.4

​

​

​

Allocation of purchase price to identifiable
    assets acquired and liabilities assumed:

​

​

Cash and cash equivalents

$

21.3

Restricted cash

​

1.3

Accounts and other receivables, net

​

.2

Inventories, net

​

82.0

Prepaid expenses and other

​

.6

Other assets

​

10.7

Property and equipment

​

268.5

Accounts payable and accrued liabilities

​

(21.7)

Other noncurrent liabilities

​

(6.4)

Deferred tax liability

​

(2.7)

Total net identifiable assets acquired

​

353.8

Goodwill

​

2.6

Total

$

356.4