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Dow, DuPont receives EU approval for proposed merger of equals

WILMINGTON/ MIDLAND, US: DuPont (DD) and The Dow Chemical Company (DOW) said that the European Commission (EC) has granted conditional regulatory clearance in Europe for the companies proposed merger of equals. This regulatory milestone is a significant step toward closing the merger transaction, with the intention to subsequently spin into three independent publicly traded companies. The transaction is expected to create significant cost synergies of approximately $3 billion with the potentia ...

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