Dow and DuPont have received all the regulatory approvals needed to close their merger. The deal will be completed after the stock market closes on August 31, 2017. Shares of DowDuPont will begin trading on the New York Stock Exchange (NYSE) under the stock ticker symbol “DWDP” on September 1, 2017.
With a market value of $150 billion, DowDuPont would become the world’s largest chemical company before BASF. DowDuPont has said it will split into three separate companies within 18 months. This separation into companies focusing on agriculture, specialty products, and materials is now under review to find out what combination of spinoffs would create the most value for shareholders.
- Dow Chemical Co., Midland, MI, USA
- DuPont Co., Wilmington, DE, USA