03 August 2009 07:46 [Source: ICIS news]
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The assets include Dow’s ?xml:namespace>
“The proceeds from the sale are accretive to Dow's shareholders and will be used for further de-leveraging,” the statement added.
Dow’s UCAR latex plants are located in
“Today's transaction, which comes well ahead of the 27 November deadline, is the major step in fulfilling our obligations to the [Federal Trade] Commission,” said Andrew N. Liveris, Dow’s chairman and CEO.
Assets that Dow is obligated to sell include the following:
($1 = €0.70)
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