DOJ requires divestitures to approve Dow-DuPont merger

The Dow Chemical Co. (NYSE: DOW) and DuPont (NYSE: DD) have reached an agreement with the U.S. Department of Justice to clear another major regulatory hurdle.

The DOJ agreed to approve the merger of equals as long as the companies divest multiple crop protection assets and two petrochemical products, according to a June 15 press release. However, the companies noted they already agreed to divest those assets to gain approval for the merger in the European Union.

Without the divestiture, the DOJ…

DOJ requires divestitures to approve Dow-DuPont merger syndicated post

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s