Chemical Giants Dow Chemical and DuPont Announce $130 Billion Merger
‘Even in a year that will go down in history for the number of huge mergers, the $130bn combination of Dow Chemical and DuPont announced on Friday is a behemoth.
The merger would combine two companies that sell pesticides, plant foods and genetically modified crops to millions of farmers around the world, and make a variety of chemicals for consumer and industrial products ranging from electronics, automobiles as well as household goods to building materials and safety equipment.
The all-stock merger calls for the two companies to combine as Dow DuPont, then separate into three independent publicly traded companies focused on agriculture, material science and specialty products.’
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