Dow-DuPont merger clears last US hurdle

摘要

Dow Chemical and DuPont announced on Thursday that they have reached a proposed agreement with the United States Department of Justice (DOJ) that will allow them to proceed with their planned merger. The DOJ deal does not require additional concessions beyond those already announced to gain European Commission approval, namely the divestitures of certain DuPont crop protection assets and related RD to FMC and Dows worldwide ethylene acrylic acid copolymers and ionomers business to SK Global Chemical (Seoul, South Korea). The DOJ is the last US authority required for the deal to proceed, although the agreement is still subject to court approval.