Dow Chemical to Acquire Rohm & Haas for $18.8 Billion# ChemEng - 化学工程
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By Kevin Orland
July 10 (Bloomberg) -- Dow Chemical Co., the biggest U.S. chemical maker,
agreed to buy Rohm & Haas Co. for about $18.8 billion, reducing its
dependence on less profitable products and increasing sales of paint
ingredients and adhesives.
Rohm & Haas investors will receive $78 in cash for each share they hold,
Midland, Michigan-based Dow Chemical said today in a statement. The price is
74 percent higher than Rohm & Haas's closing price yesterday. Financing for
the deal includes eq
July 10 (Bloomberg) -- Dow Chemical Co., the biggest U.S. chemical maker,
agreed to buy Rohm & Haas Co. for about $18.8 billion, reducing its
dependence on less profitable products and increasing sales of paint
ingredients and adhesives.
Rohm & Haas investors will receive $78 in cash for each share they hold,
Midland, Michigan-based Dow Chemical said today in a statement. The price is
74 percent higher than Rohm & Haas's closing price yesterday. Financing for
the deal includes eq