FTC requires divestiture of Acrylic Monomer and Industrial Chemical assets to clear Dow Chemical's acquisition of Rohm & Haas | Practical Law

FTC requires divestiture of Acrylic Monomer and Industrial Chemical assets to clear Dow Chemical's acquisition of Rohm & Haas | Practical Law

The US Federal Trade Commission (FTC) has announced that it challenged Dow Chemical Company's (Dow) proposed US$18.8 billion acquisition of Rohm & Haas Company (Rohm & Haas). The FTC also announced a proposed consent order settling the charges, requiring Dow to divest a portion of its acrylic monomer and polymer research and development and production assets. According to the FTC, without this divestiture, the proposed transaction would reduce competition in the North American markets for the research, development, manufacture, and sale of certain acrylic monomers and industrial chemicals.

FTC requires divestiture of Acrylic Monomer and Industrial Chemical assets to clear Dow Chemical's acquisition of Rohm & Haas

by Practical Law
Published on 02 Mar 2009 • USA (National/Federal)
The US Federal Trade Commission (FTC) has announced that it challenged Dow Chemical Company's (Dow) proposed US$18.8 billion acquisition of Rohm & Haas Company (Rohm & Haas). The FTC also announced a proposed consent order settling the charges, requiring Dow to divest a portion of its acrylic monomer and polymer research and development and production assets. According to the FTC, without this divestiture, the proposed transaction would reduce competition in the North American markets for the research, development, manufacture, and sale of certain acrylic monomers and industrial chemicals.