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E I Du Pont De Nemours And Co

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DD

US2635341090

E I Du Pont De Nemours And : EU investigation into $130 billion Dow, DuPont deal resumes

November 09, 2016 at 08:14 am EST

BRUSSELS (Reuters) - Dow Chemical (>> Dow Chemical Co) and DuPont (>> E I Du Pont De Nemours And Co) have provided key data allowing European Union antitrust regulators to resume scrutiny of their $130 billion (£104.54 billion) merger, the European Commission said on Wednesday.

The EU competition enforcer stopped its investigation last month after the companies failed to submit crucial information.

"We have received the missing information and the clock has been re-started. The new deadline for the Commission to take a decision is 28 February 2017," a Commission spokesman said in an email.

The Commission is worried the merger to create a giant in crop protection and seeds may reduce competition in these areas as well as certain petrochemicals.

(Reporting by Foo Yun Chee; Editing by Mark Potter)

Stocks treated in this article : E I Du Pont De Nemours And Co, Dow Chemical Co

Latest news about E I Du Pont De Nemours And Co

DuPont : FTC says it closes investigation of Honeywell, Du Pont agreements	17-08-11	RE
DuPont : Price hikes power Dow's results ahead of DuPont merger	17-07-27	RE
DuPont : FMC win EU antitrust approval for asset swap deal	17-07-27	RE
DuPont : Strength in farm business powers DuPont's results beat	17-07-25	RE
DuPont : Strength in farm business powers DuPont's results beat	17-07-25	RE
DuPont : Canada allows Dow, Dupont merger after firms agree to sell assets	17-06-27	RE
DuPont : Dow, DuPont merger wins U.S. antitrust approval with conditions	17-06-15	RE
E I Du Pont De Nemours And : Loeb sees $20 billion more value from Dow-DuPont merger	17-05-24	RE
Loeb sees $20 billion more value from Dow-DuPont merger	17-05-24	RE
Andrew Liveris to retire from combined DowDuPont company mid-2018	17-05-11	RE
Sumitomo : Crop chemical maker FMC aims for growth after DuPont deal	17-05-08	RE
E I Du Pont De Nemours And : Dow, Dupont planned merger gets conditional nod from China	17-05-02	RE
E I Du Pont De Nemours And : Dow, Dupont planned merger gets conditional nod from China	17-05-02	RE
E I Du Pont De Nemours And : Dow Chemical eyes consumer markets as it readies for DuPont merger	17-04-27	RE
E I Du Pont De Nemours And : DuPont profit beats on strong seed demand	17-04-25	RE
E I Du Pont De Nemours And : DuPont profit beats on strong seed demand	17-04-25	RE
Sumitomo Chemical : EU clears ChemChina's $43 billion takeover of Syngenta with conditions	17-04-05	RE
Syngenta : ChemChina, Syngenta win U.S. antitrust approval for deal	17-04-04	RE
Wall Street's rock-solid quarter ends with a loss	17-03-31	RE
E I Du Pont De Nemours And : EU's Vestager to announce merger decision at noon	17-03-27	RE
E I Du Pont De Nemours And : EU regulators to clear Dow and ChemChina deals next week - sources	17-03-23	RE
E I Du Pont De Nemours And : Indian regulator says Dow, duPont deal likely to hurt competition	17-03-22	RE
SK Innovation : EU regulators set to clear Dow, DuPont deal - sources	17-02-22	RE
E I Du Pont De Nemours And : Dow, DuPont offer to sell assets to gain EU approval for merger	17-02-08	RE
E I Du Pont De Nemours And : Dow Chemical's results, forecast benefit as economic growth boosts demand	17-01-26	RE

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Company Profile

E. I. du Pont de Nemours and Company is a science and technology-based company. It operates through six segments: Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Protection Solutions. Its Agriculture segment includes products, such as corn hybrids and soybean varieties, herbicides, fungicides and insecticides. Its E&C segment includes products, such as printing and packaging materials, photopolymers and electronic materials. Its Industrial Biosciences segment includes products, such as enzymes, bio-based materials and process technologies. Its Nutrition & Health segment includes products, such as probiotics, cultures, emulsifiers, natural sweeteners and soy-based food ingredients. Its Performance Materials segment includes products, such as engineering polymers, packaging and industrial polymers, films and elastomers. Its Protection Solutions segment includes products, such as nonwovens, aramids and solid surfaces.

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