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Last updateTue, 21 Nov 2017 4pm

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DuPont and Dow Chemical Set Closing Date for Merger

DuPont and The Dow Chemical Company announced that all required regulatory approvals and clearances have been received, that all conditions to closing of their merger of equals have been satisfied, and that their merger of equals will close after the market closes on August 31, 2017.

“The companies, with a combined market value approaching $150 billion, would surpass BASF SE as the world’s largest chemical company. Within 18 months of closing, DowDuPont has said it will split into three separate companies focused on agriculture, specialty products and materials,” Bloomberg reports. “Shares of DowDuPont Inc. will begin trading Sept. 1 under the ticker DWDP.” 

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