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Dow Chemical & DuPont in Merger Talks

Published on 2015-12-10. Author : SpecialChem

NEW YORK -- Dow Chemical Co. and DuPont Co. are in advanced stage of talks to merge. If happens, this would be one of the largest deals.

Dow and DuPont haven’t confirmed the talks and refused to comment on the same. The announcement may be soon. The information provided is private.

Dow Chemical & DuPont in Merger Talks Dow Chemical & DuPont in Merger Talks
Fig. 1: Dow Chemical & DuPont in Merger Talks

Once the merger takes place, the company would break into two or three businesses. The deal is not confirmed because of regulatory and other issues.

The combined capitalization of the companies will be somewhere around USD 120 billion. The transaction would combine two of the known names in US Chemical Industry and form second biggest chemical company.

2015 has been a thunderous one for DuPont, whose former CEO Ellen Kullman stepped down in October and Edward Breen stepped in to run DuPont Co. in October, Andrew Liveris, longtime head of Dow Chemical Co., called with a proposal as he saw an opportunity for the merger he was looking forward.

Based on the market values of Dow and DuPont, a merger would probably rank among the five largest deals announced in 2015, as per the data compiled by WSJ.

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from the intersection of chemical, physical and biological sciences to help address many of the world's most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow's integrated, marketdriven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture. In 2014, Dow had annual sales of more than $58 billion and employed approximately 53,000 people worldwide. The Company's more than 6,000 product families are manufactured at 201 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

About DuPont

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment.

Written by: SpecialChem Editorial Team
Based on Information Displayed on www.wsj.com

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