MIDLAND, Mich. (Jan. 9, 2008)—Dow Chemical Co. has received regulatory clearance from the European Commission for its acquisition of Rohm and Haas Co.
The EC declared the proposed acquisition compatible with the European common market, Dow said Jan 8.
Dow plans to acquire Rohm & Haas Co., a specialty chemical and materials conglomerate that supplies adhesives and additives to the rubber industry, for $18.8 billion in a deal the company expects will help it lift sales and profits.