Deals
Dow, DuPont Merger Would Spark European Chemicals Scramble
- U.S. deal could lead Monsanto to make new offer for Syngenta
- European rivals may buy assets put up for sale after merger
Dow-DuPont: The End of Chemical Conglomerates?
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A mega-merger between Dow Chemical Co. and DuPont Co. stands to have far-reaching consequences for European rivals, prompting a series of follow-on combinations as pesticide and seed makers scramble to face the emergence of a U.S. giant.
Dow is in late-stage talks to merge with DuPont in what could be the largest deal in the chemicals industry, people with knowledge of the matter said Tuesday. The company would then break into two or three businesses for antitrust reasons, the people said.