Dow Chemical and DuPont recently announced a merger that will result in two of Americas oldest firms becoming a $130 billion behemouth. The deal, a merger of equals, has been agreed as an all stock deal with an even split of board members and share holder value. Dow and DuPont are the 3rd and 4th largest chemical companies in the world, and the merger will make the new company (DowDuPont) the 2nd largest trailing only BASF. Shortly following the merger, the company will then split into three separate publicly traded companies in agriculture, material sciences, and specialty products.
- Material Sciences: A $51 billion company made up of Dow's Performance Plastics, Performance Materials and Chemicals, Infrastructure Solutions, and Consumer Solutions business units and DuPont's Performance Materials business unit.
- Agriculture: A $19 billion company made up of Dow's seed and crop protection business unit and DuPont's seed and crop protection business units.
- Specialty Products: A $13 billion company made up of Dow's Electronic Materials business unit and DuPont's Nutrition & Health, Industrial Biosciences, Safety & Protection, and Electronic & Communications business units.