US chemicals giants Dow Chemical and DuPont merge

America’s chemicals giants Dow Chemical and DuPont plan a merger that would see the combined entity, DowDuPont, have a market value of around $130bn.

America's chemicals giants Dow Chemical and DuPont plan an all-share merger that would see shareholders in each firm receive 50% of the combined entity, DowDuPont, which would have a market value of around $130bn. Both are well-established blue chips: DuPont began life in 1802 as a gunpowder manufacturer for the revolutionary war; Dow was founded in 1897. After their merger, the new group plans to split into three new separately listed units: plastics, agribusiness and speciality chemicals.

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