Dow Chemical-DuPont merger to have adverse effect on competition: CCI

The Competition Commission of India (CCI) believes that the global merger deal between Dow Chemical and DuPont may impact competition in the country. “CCI is prima facie of the opinion that the proposed combination between Dow and DuPont is likely to have an appreciable adverse effect on competition,” said the Ministry of Corporate Affairs in a press release.  

In December 2015, Dow and DuPont entered into a merger agreement to create highly-focused leading businesses in agriculture, material science and specialty products. As per the agreement, these 3 businesses subsequently will be spun off into three independent, publicly traded companies.

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