DuPont, Dow Chemical to Combine in Merger of Equals

  • $130 billion deal will be largest in the chemicals industry
  • Three-way split of merged company to come in 18-24 months

Dow CEO Liveris, DuPont CEO Breen on Merger

Dow Chemical Co. and DuPont Co., two historic giants of U.S. industry, will join in an all-stock merger of equals that’s the first step in a plan to create three new businesses. The pact will lead to $3 billion in cost savings, the companies said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.