10.11.2016 • News

EU Restarts Dow-DuPont Merger Probe

(c) Pack-Shot/Shutterstock
(c) Pack-Shot/Shutterstock

After receiving the key data previously requested from Dow and DuPont, the European Commission has restarted its in-depth investigation of the $130 billion merger between the two US chemical giants. The EU regulatory authority said last week it had stopped the clock on the probe in October – for a second time – after the companies failed to submit crucial information.

A spokesman for the Commission said in an email to news agencies that it has set 28 February 2017 as the new date to complete the investigation. In the past it said it was concerned that the merger could reduce competition for crop protection and seeds as well as certain petrochemicals.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Expert Insights

ADCs for Precision Cancer Therapy
Comprehensive Insights into Antibody–Drug Conjugates

ADCs for Precision Cancer Therapy

Explore how antibody-drug conjugates are reshaping precision cancer therapy and discover what it takes to successfully develop, manufacture, and scale these complex biologics.

most read

Photo

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.