Dow-DuPont Shareholders to Vote on Merger in July

Dow and DuPont have scheduled separate shareholder meetings on Jul. 20 to vote on their proposed merger into a new entity to be called DowDuPont. The meetings will take place at the US chemical giants’ respective headquarters of Midland, Michigan, and Wilmington, Delaware. The companies said they still plan to close the deal in the second half of this year.

Within two years after the merger, the combined chemical producer with a market capitalization of around $130 million would split into three separate units focusing on agriculture (sales of $18 billion), material science (sales of $51 billion) and specialty products ($12 billion).