[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]Chemical giants Dow and DuPont announce potential merger[/title][fusion_text]Friday, December 11th 2015
Chemical giants Dow and DuPont have announced an all-stock merger that will create a new $130 billion company. The merger, jointly announced by the companies Friday morning, is expected to create $1 billion in “growth synergies” for the new DowDuPont company. The deal will likely be subject to intense regulatory scrutiny, but the companies say they expect the merger transaction to close “in the second half of 2016.” Once the two companies are combined, they plan to pursue a separation into “three independent, publicly traded companies” 18 to 24 months after receiving regulatory approval. One company will be an agricultural enterprise that unites DuPont’s and Dow’s seed and crop protection businesses. There will also be a material science company that combines DuPont’s performance materials segment with similar Dow interests. The final company will be a specialty products company that will combine DuPont’s nutrition, health, safety, electronics, and communications concentrations with Dow’s electronic materials business.
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