IHS Chemical Week

World News and Views :: Top of the News

Dow Decision to Delay R&H Deal Could Trigger Expensive Legal Battle (Update 2)

9:31 AM MST | January 28, 2009 | NATASHA ALPEROWICZ

Dow Chemical’s CEO Andrew Liveris has defended his company’s decision not to close the previously announced $18.7 billion deal, including $3.7 billion of R&H debt, to acquire Rohm & Haas (R&H) by close of January 27. He told CNBC Tuesday that “conditions have deteriorated very significantly” since the deal was announced and that combining R&H with Dow right now would be bad for both companies. But he said he did not blame R&H for going to court. R&H asked a Delaware court on January 26 to force Dow to complete the...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa