www.wconline.com/articles/85680-dow-to-acquire-rohm-and-haas
Dow to Acquire Rohm and Haas
July 29, 2008
Specialty
chemicals maker Rohm and Haas is to be bought by Dow Chemical, the Detroit Free
Press reported in July. Dow agreed to the purchase for $78 per share or more
than $15 billion.
Based on the per-share purchase price and the almost 200 million shares Rohm and Haas had outstanding since April, the deal is valued at approximately $15.29 billion.
Dow Chemical said it values the deal at $18.8 billion including debt. The deal has been approved by both companies’ boards. It is pending approval by Rohm and Haas shareholders and regulatory approvals.
Based on the per-share purchase price and the almost 200 million shares Rohm and Haas had outstanding since April, the deal is valued at approximately $15.29 billion.
Dow Chemical said it values the deal at $18.8 billion including debt. The deal has been approved by both companies’ boards. It is pending approval by Rohm and Haas shareholders and regulatory approvals.
