DuPont and Dow Merger to Close August 31
The merger of DuPont and The Dow Chemical Company will be complete by the end of August.
In a statement released August 4, both companies reported that all required regulatory approvals and clearances have been received, that all conditions to closing of their merger of equals have been satisfied, and that their merger of equals will close after the New York Stock Exchange (NYSE) closes on August 31.
Shares of Dow and DuPont stock will cease trading at that time. Shares of DowDuPont will begin trading on the NYSE under the stock ticker symbol “DWDP” on September 1.
The companies expect the intended spin-offs to occur within 18 months of closing.
Sources – DuPont, Dow