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Acquisition of Remaining Joint Venture Interest in LPC (Details) - Louisiana Pigment Company, L.P. (LPC) - Kronos Worldwide, Inc. - Subsequent event $ in Millions | Jul. 16, 2024 USD ($)
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Acquisition of Remaining Joint Venture Interest in LPC |
Percentage acquired | 50.00%
Percentage held through wholly-owned subsidiary | 50.00%
Upfront cash payment | $ 185
Earn-out period | 2 years
Global Revolver Credit Facility |
Acquisition of Remaining Joint Venture Interest in LPC |
Borrowings on credit facilities | $ 132
EBITDA of $650 million |
Acquisition of Remaining Joint Venture Interest in LPC |
Earn-out payment | 5
EBITDA is between $650 million and $730 million |
Acquisition of Remaining Joint Venture Interest in LPC |
Earn-out payment | 10
Minimum |
Acquisition of Remaining Joint Venture Interest in LPC |
Aggregate EBITDA considered for determining earnout payment | 650
Maximum |
Acquisition of Remaining Joint Venture Interest in LPC |
Earn-out payment | 15
Aggregate EBITDA considered for determining earnout payment | 730
Maximum | EBITDA of $730 million or more |
Acquisition of Remaining Joint Venture Interest in LPC |
Earn-out payment | $ 15

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