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Dow, DuPont merger finally complete nearly 2 years after deal reached


The highly complex deal, valued at about $62 billion as of earlier this summer, sets the stage for the new company to break into three parts as it originally announced.


DowDuPont said that within 18 months it plans to split up into an agricultural products manufacturer, a materials science company and a specialty components maker.


"While our collective heritage and strength are impressive, the true value of this Merger lies in the intended creation of three industry powerhouses that will define their markets and drive growth for the benefit of all stakeholders," Liveris said Friday in a statement.


Midland, Mich.-based Dow and Wilmington, Del.-based DuPont are expected to maintain their respective headquarters, but other facility cuts are possible.


The U.S. Department of Justice's Anti-Trust Division signed off on the deal in June after the companies agreed to sell certain assets, including DuPont crop protection products and Dow copolymers and ionomers.




READ MORE (USA TODAY)


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Dow, DuPont merger finally complete nearly 2 years after deal reached

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