US-based chemicals giants DuPont and Dow Chemical have announced they will combine their businesses in a $130bn deal of the century, an all-stock merger of equals which is expected to close in the second half of 2016.
The new company, named DowDuPont, will have three divisions - Agriculture, Material Science and Specialty Products - with all three entities planned to be publicly traded on the stock exchange. The companies said the merger would create $3.0bn in synergies, with a further $1.0bn in growth synergies also expected.
“This transaction is a game-changer for our industry,” said Andrew Liveris, Dow’s CEO.
If you are following this merger and others to come, you know the importance of understanding the underlying data being used to assess markets and opportunities.
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