DowDupont Merger: What You Need to Know

The DowDupont merger was a massive deal that shook the business world in 2015. It was a $130 billion merger that created a new company, Dow Inc.

The merger was a result of a long process that began in 2014. Dow and DuPont had been exploring a potential merger for years.

DowDupont was formed with the intention of creating a more competitive company in the chemical industry. The new company would have a combined market value of over $180 billion.

The merger was finalized in August 2015, and DowDupont became one of the largest chemical companies in the world.

For another approach, see: Dowdupont Split

The DowDuPont merger has been finalized and will no longer be two separate entities by the end of business on Thursday, Aug. 31.

Regulatory agencies have approved the merger, clearing the way for the companies to move forward. This includes the Department of Justice, which required the companies to sell certain assets.

Shares of both Dow and DuPont will no longer be available for sale after the close of business on Thursday, Aug. 31. The newly-merged company, DowDuPont, will begin trading under the stock ticker symbol “DWDP” on Friday, Sept. 1.

The companies will have to sell DuPont’s Finesse herbicide and Rynaxypyr insecticides, as well as Dow’s acid copolymer and isonomers business, to complete the merger.

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The DowDuPont merger received approval from the US Federal Trade Commission (FTC) in June 2017.

The FTC required DowDuPont to sell its crop protection business to BASF, a German chemical company, to gain approval for the merger. DowDuPont agreed to divest its crop protection business, which included popular brands like herbicides and insecticides.

The merger was motivated by a desire to create a more competitive and efficient company that could better serve its customers and shareholders. DowDuPont's CEO, Andrew Liveris, stated that the merger would allow the company to "unlock the value" of its assets and create a more focused and streamlined organization.

The FTC's approval was conditional on the divestiture of the crop protection business, which was a major condition of the merger.

Consider reading: Ticker Symbol for Dupont

The DowDuPont merger was a massive deal that created a new company, but it didn't last long. It was announced in 2015 and completed in 2019.

The merger was a result of a series of acquisitions and mergers, starting with Dow and DuPont's initial merger in 2015. The combined company was valued at around $130 billion.

The new company, Dow Inc., was spun off from the original DowDuPont in 2019. Dow Inc. focused on materials science, while the other parts of the company became Corteva Agriscience.

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