Hints and tips:
...The tax-free deal will also include a $7.3bn cash payment to DuPont, which broke off from DowDuPont earlier this year....
...It would mean about $130bn in market cap has been erased since the stock’s record high close of $232.07 on October 3, or slightly more than the value of industrial conglomerate DowDuPont, semiconductor manufacturer...
...As Mr Tronchetti Provera and Mr Witmer have both recently learned, when you get into bed with China Inc, there is no telling who you are going to wake up with....
...Third Point’s returns faltered in the first half of the year, with its stakes in Nestlé and DowDuPont hurting its performance. The fund returned 0.8 per cent over the period....
...DowDuPont, which counts agrochemicals and seeds as businesses alongside its plastics and chemicals units, was off 1.1 per cent....
...A version of this article was first published by the Nikkei Asian Review on July 11, 2018. ©2018 Nikkei Inc. All rights reserved....
...The Dow Jones Industrial Average finished the day up 0.18 per cent to 22,158, thanks to rises of more than 1 per cent for energy giant Chevron and newly merged chemicals company DowDuPont, while the Nasdaq...
...China’s troubles with Donald Trump could be an opportunity for Japan Inc....
...McDonald’s biggest one-day drop in more than a year was a drag, but strong days for Pfizer, DowDuPont, Goldman Sachs and Caterpillar helped offset the drop and push the index to a new record close....
Wave of deals across the diverse industry is being spurred by chance to cut costs
...“Trump is likely to be more European . . . favouring the creation of national champions so if the argument is that DowDuPont is a company that will help America by being a better global competitor I think...
...If DowDuPont stumbles later, investors may come to regret having bypassed the less tax-efficient shortcut to an agricultural chemicals deal....
International Edition