Dow and DuPont say merger on track to close by end of 2016, ready concessions for EU approval

摘要

Dow Chemical Co. and DuPont officials say their $130-billion merger remains on track to close in the fourth quarter and that both companies have submitted proposed remedies to address EU antitrust concerns. The European Commission has moved its deadline for ruling on the deal from 28 July to 11 August. According to its website, commitments were submitted by the companies on 20 July, but no further details were disclosed.