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Published in TZ Latest News 11 December, 2015 by The TZ Newswire Staff

Dow, DuPont to merge in deal valuing chemical giants at $130 billion

DuPont Chief Executive Ed Breen will be CEO of the new company, while Dow Chemical CEO Andrew Liveris will be executive chairman. Dow Chemical shareholders will get one DowDuPont share for each Dow Chemical share they hold, while DuPont shareholders will get 1.282 shares in DowDuPont for each DuPont share they own.