Type to search

Agribusiness Economic Development News

China conditionally approves DuPont merger

Avatar photo

China’s Ministry of Commerce has granted conditional regulatory approval to the DuPont-Dow Chemical proposed merger.

The ministry’s approval is conditional on DuPont and Dow divesting certain parts of DuPont’s crop protection portfolio and Dow’s global Ethylene Acrylic Acid copolymers and ionomers business.

Dow and DuPont have also made commitments related to the supply and distribution of certain herbicides and insecticides for rice crops in China for five years after the closing of the merger.

On March 27, the European Commission conditionally approved the merger. The companies expect the merger to occur between August 1 and September 1, and the intended spinoffs to occur within 18 months of that. Additional information is available at www.dowdupontunlockingvalue.com.

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.


You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2024 Delaware Business Times

Flash Sale! Subscribe to Delaware Business Times and save 50%.

Limited time offer. New subscribers only.

Limited time offer. New subscribers only.


Subscribe to Delaware Business Times and save 50%