Dow and DuPont agree to divest businesses to win merger approval

Midland, Michigan – In their bid to secure EU approval for their planned merger, Dow Chemical and DuPont have offered to sell part of DuPont’s crop protection business and Dow’s acid copolymers and ionomers business.

Online reports cited Dow officials stating the two US companies have submitted a remedy package to the European Commission’s competition regulators to answer their concerns regarding overlapping businesses.

The European Commission’s deadline for review has been extended until 4 April, according to reports by Reuters and other news agencies. Dow and…

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