A PYMNTS Company

EU: Regulators to rule on $130 billion Dow, DuPont deal by July 28

By  |  June 23, 2016

Antitrust authorities will decide by July 28 whether to allow the $130 billion merger of US chemical company Dow Chemical and its rival DuPont, one of several large agribusiness deals. The companies requested approval on Wednesday, according to a filing on the European Commission website. DuPont and Dow hope to close the deal around October-November.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The EU competition enforcer can approve the deal with or without concessions or it can open a full-scale investigation of about five months should it have serious concerns about the merger’s impact on consumers and rivals.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    DuPont and Dow hope to close the deal around October-November. The US Department of Justice is also examining the proposed merger.

    Full Content: Yahoo

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.