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US: Dow-Olin get regulatory approval In $5.4 billion Chlor-Alkali deal

By  |  June 17, 2015

Dow Chemical and Olin announced the achievement of a regulatory milestone in the proposed transaction involving a significant portion of Dow’s chlorine value chain and Olin Corporation, with the expiration of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

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    As previously announced on March 27, 2015, Dow and Olin entered into a definitive agreement under which Dow will separate its US Gulf Coast Chlor-Alkali and Vinyl, Global Chlorinated Organics and Global Epoxy businesses, and then merge these businesses with Olin in a Reverse Morris Trust transaction.

    The transaction is expected to close by the end of the year

    Full content: St. Louis Business Journal

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