The Board of Directors of DuPont and Dow Chemical Company unanimously approved a definitive agreement to merge the two companies in an all-stock deal.
- The merged company will be named DowDuPont and it will have a combinedmarket capitalization of approximately 130 billion dollars.
- Dow shareholders will receive a fixed exchange ratio of 00 share of DowDuPont for each Dow share.
- DuPont shareholders will receive a fixed exchange ratio of 1.282 shares in DowDuPont for each DuPont share.
Andrew N Liveris will be named Executive Chairman and Edward D Breen will be named CEO of combined company.
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