Thursday, March 12, 2009

Dow to use asset sales, job cuts and new debt to maintain investment-grade credit ratings after paying for Rohm & Haas

Dow and Rohm & Haas reached an eleventh hour agreement that will finally see the chemicals giant go ahead with its acquisition rather than face off Rohm & Haas in court. The deal is scheduled to closee on 1 April.

For more details on Dow to use asset sales, job cuts and new debt to maintain investment-grade credit ratings after paying for Rohm & Haas click here

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