Industry News

Dow Chemical Confirms Rohm and Haas Acquisition Will Not Close On or Before January 27, 2009

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Dow Chemical Company confirms it has informed Rohm and Haas that Dow will not close the proposed acquisition on or before January 27, 2009. Dow has determined that recent material developments have created unacceptable uncertainties on the funding and economics of the combined enterprise.  This assessment is based on several macro-economic factors such as the continued crisis in global financial and credit markets combined with the dramatic and stunning failure of Petrochemicals Industri...

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