Volume 93 Issue 49 | p. 7 | News of The Week
Issue Date: December 21, 2015 | Web Date: December 16, 2015

Introducing DowDuPont

Megafirm: A $130 billion behemoth is formed, only to split into three firms after two years
Department: Business
Keywords: Dow, DuPont, merger , activist investors

Dow Chemical and DuPont, the two best-known names in the U.S. chemical industry, with 331 years of history between them, are joining in the largest-ever chemical merger.

The new company, DowDuPont, will be worth $130 billion on the basis of the current stock prices of the two firms. It will have annual sales of about $83 billion and pretax profits of $15 billion.

Dow’s chief executive officer, Andrew N. Liveris, will serve as executive chairman . . .

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Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society
Introducing DowDuPont | December 21, 2015 Issue - Vol. 93 Issue 49 | Chemical & Engineering News
 
 
Volume 93 Issue 49 | p. 7 | News of The Week
Issue Date: December 21, 2015 | Web Date: December 16, 2015

Introducing DowDuPont

Megafirm: A $130 billion behemoth is formed, only to split into three firms after two years
Department: Business
Keywords: Dow, DuPont, merger , activist investors

Dow Chemical and DuPont, the two best-known names in the U.S. chemical industry, with 331 years of history between them, are joining in the largest-ever chemical merger.

The new company, DowDuPont, will be worth $130 billion on the basis of the current stock prices of the two firms. It will have annual sales of about $83 billion and pretax profits of $15 billion.

Dow’s chief executive officer, Andrew N. Liveris, will serve as executive chairman . . .

To view the rest of this content, please log in with your ACS ID.



 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society