Rohm and Haas shareholders OK sale to Dow Chemical
ERJ staff report (TB)
Philadelhpia, Pennsylvania Rohm and Haas Co.'s shareholders have approved the acquisition of the specialy chemical and materials company by Dow Chemical Co.
A majority of the Rohm and Haas holders of 195 million shares voted in favor of the deal, which will give them $78 in cash per share, the company said.
The deal is expected to close early next year, pending regulatory approval. Rohm and Haas will retain its name and headquarters in Philadelphia.
From Rubber & Plastics News (A Crain publication)
Press release from Rohm & Haas
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive