Dow-DuPont merger seems closer to approval

Dow Chemical and DuPont are very likely to merge. The Wall Street Journal reported that the European Union’s antitrust regulator is willing to approve the merger after the companies offered to sell businesses to reduce their presence in the market. As already known, DuPont and Dow Chemical plan to split the new $120bn business resulting from the merger into three separate companies, which then will be listed. (Source WSJ)