Dow, DuPont to merge in deal valuing chemical giants at $130 billion

December 11, 2015 11:57 AM

39 0

U.S. chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion, with plans to eventually split into three.

The deal, which is likely to face intense regulatory scrutiny, allows the new company - to be called DowDuPont - to rejig assets based on their diverging fortunes.

Also read: Branson-owned health company to merge with its rival

Read more

To category page