FTC may soon sign off on Dow buyout of Rohm & Haas

01/22/2009 | Reuters · Bloomberg

The Federal Trade Commission is reportedly close to supporting Dow Chemical's acquisition of Rohm & Haas after Dow agreed to divest its acrylic and emulsion businesses. The proposed takeover has been in question since Kuwait canceled a planned $17.4 billion joint venture with Dow, which had hoped to use the proceeds to fund the Rohm & Haas deal. The FTC approval could force Dow to complete the deal.

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