Deal between two US companies would, if approved by regulators, create chemicals giant that could then break up into different businesses
Dow Chemical and DuPont are in talks to merge, creating a chemicals giant with a market value of more than $120bn that could then break up into different businesses.
A deal, which would face regulatory approval in several countries, would allow the two US companies to rejig their assets based on their diverging fortunes. Their plastics and specialty chemical businesses have benefited from lower energy costs, while their agrochemicals divisions have struggled to cope with weak demand for crop protection products.
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/1NisqLO
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