Southern Crop

Southern Crop

DowDuPont Deal Faces In-Depth Probe as EU Targets Seeds, Crops

As Dow Chemical Co. and DuPont Co. work to create the world’s biggest chemicals company, European Union antitrust regulators have interceded with an in-depth probe on their plans. On Thursday, the European Commission was quoted as saying they need to further their investigations to know  “whether the deal may reduce competition in areas such as crop protection, seeds and certain petrochemicals.” Debates of projected job cuts and “insufficient” commitment by Dow and DuPont last month have also fed into the probe of the EU.

What is next for Dow and DuPont? Visit Bloomberg to read Stephanie Bodoni’s article.

 

 

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