Dow Chemical’s Rohm bid blow
Published: Tuesday, 30 December 2008
Dow’s takeover of chemical and minerals company in doubt as cancellation of Kuwaiti deal deprives $9,000m. finance
Dow Chemical Co. is struggling to finance a takeover of rival US speciality chemicals company, Rohm & Hass Co. Speciality Materials Group, after Kuwait pulled out of a $17,4000m. joint venture (j-v) deal.
The cancellation of the deal deprives Dow Chemical of $9,000m., which it...