Dow Sells Styron to Bain Capital for $1.63 Billion

Dow Chemical has agreed to sell its styrenics unit, Styron, to Bain Capital (Boston) for $1.63 billion. The sale is part of the company’s continuing efforts to mend its balance sheet following its $16.3-billion purchase of specialty chemicals maker Rohm and Haas last year. Liveris: Shedding non-core assets. Under the deal, Dow has an option to receive up to 15% of the equity of Styron as part of the sale consideration. The deal also includes several long-term supply, service and purchase agreements valued at...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers