Dow, Dupont secure US DOJ approval for $130B merger
June 19, 2017
Agricultural Chemicals | Wilmington, DE | Merger of Equals
Dow Chemical and DuPont have secured approval from the US Department of Justice for their previously announced merger, agreeing to several remedies to appease federal antitrust regulators. The companies have consented to divest DuPont’s Finesse and Rynaxypyr crop protection products to a buyer that must be approved by the US, and Dow will have to sell several chemicals used to make food packaging and other goods. The former products represent combined annual US sales of over $100 million.