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Dow 'Moving Forward on a Number of Fronts,' But No Decision on Assets

1:24 PM MST | March 3, 2009 | Kara Sissell

Dow Chemical says it has not ruled out any asset sales or other business options, but that the company has yet to finalize any specific actions. The statement is in response to news reports that Dow is in talks with several private equity firms, including Blackstone Group and Kohlberg Kravis Roberts & Co., about taking a minority stake in Dow AgroSciences. "Given the unprecedented economic environment, we continue to assess all options for providing greater financial flexibility through the current period," says Patti Temple Rocks, Dow...

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