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Dow To Sell ANGUS Chemical Company

ANGUS will be sold to Golden Gate Capital for $1.215 billion

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Dow Chemical Company has signed a definitive agreement under which ANGUS Chemical Company will be sold to Golden Gate Capital for $1.215 billion. The transaction is expected to close during the first quarter of 2015, subject to completion of customary regulatory filings.   Dow had previously announced its intent to divest this business on Oct. 2, 2014. The divestiture aligns to Dow’s efforts to achieve its identified target of $4.5 billion to $6 billion in proceeds from shedding non-strate...

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