Deals
Dow Says Corning Seeks to Exit 71-Year-Old Silicone Venture
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Dow Chemical Co. said its partner in a 71-year-old silicone venture that’s on pace for $6 billion of annual sales wants to sell its half of the business, and Dow could be the buyer.
Corning Inc. has “more priorities” than the Dow Corning partnership since it bought Samsung Electronics Co.’s stake in a separate venture, Dow Chemical Chairman and Chief Executive Officer Andrew Liveris said yesterday in a presentation to investors.