Dow Chemical today revealed the broad outline for its strategy over the next three years, including portfolio changes that could lead to an exit from agricultural sciences and the acquisition of all of Dow Corning as well as some hints about its next CEO. The company is reviewing strategic options for Dow AgroSciences “with a focus on creating new synergies in a consolidating agricultural market.” Dow AgroSciences posted 2014 revenue of $7.3 billion and Ebitda of $962 million. Dow is “considering only those prospects that will extract further value from this highly attractive and well-positioned business and return significant value to its shareholders, and will compare those options to that of the value created by retaining the business.”
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