Deals
Dow Chemical, DuPont Said to Plan Friday Announcement of Merger
- Deal would be largest ever combination in chemicals industry
- Companies said to discuss separation of new agriculture unit
Deep Dive Into the Dow, DuPont Merger
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Dow Chemical Co. and DuPont Co. plan to announce a merger Friday, according to people familiar with the matter, a deal that would be the largest ever in the chemicals industry.
There’s still no guarantee that the terms of the transaction will be agreed by then, said the people, who asked not to be identified because the information is confidential. The companies have been in advanced talks about a merger that would be followed by a breakup of the combined company into three separate businesses, the people said: agriculture, specialty chemicals and commodity chemicals.