Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


Dow to acquire Rohm and Haas

Published on .

Midland, Mich.—Dow Chemical Co. announced Thursday that it has agreed to buy all outstanding shares of Rohm and Haas common stock for $78 per share, or about $18.8 billion.

Dow said Rohm and Haas will provide the combined company with “an excellent position in a number of industry segments that are poised for significant growth given long-term market megatrends, most notably in the electronic materials and coatings segments.”

Financing for the deal includes equity investments by Berkshire Hathaway and the Kuwait Investment Authority. The acquisition of Rohm and Haas is a defining step in our transformational strategy to shape the ‘Dow of tomorrow’—a high- value, diversified chemicals and materials company, creating the largest specialty chemicals company in the United States with a leading global position in performance products and advanced materials,” Andrew N. Liveris, Dow chairman-CEO, said in a statement.

—Sean Callahan

Most Popular
In this article: