FMC Deal to Slow Dow-DuPont Merger

An agreement between FMC and DuPont to swap some agricultural business units will delay the Dow-DuPont merger.  FMC announced last week it would purchase DuPont’s crop protection business and sell off most of its health and nutrition business to DuPont, a move that will allow the Dow-DuPont merger to gain approval by the European Union.

However, Reuters reports the move will slow the approval process for the merger between Dow and DuPont.

The merger, which was expected to close in the first half of 2017, is now anticipated to close between August and September of this year. The Dow-DuPont merger is still to be approved by regulators in the United States, Brazil, China, Australia and Canada. The deal with FMC is expected to close in the fourth quarter of this year, subject to the closing of the DuPont-Dow merger.

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