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Dow, DuPont to merge in deal valuing chemical giants at $130 billion

2015-12-11 14:14:38| Chemicals - Topix.net

U.S. chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion, with plans to eventually split into three. The deal, which is likely to face intense regulatory scrutiny, allows the new company - to be called DowDuPont - to rejig assets based on their diverging fortunes.

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Dow Chemical, DuPont Merge to Create $130 Billion Giant

2015-12-11 14:14:37| Chemicals - Topix.net

Dow Chemical Co. and DuPont Co., two historic giants of U.S. industry, will merge in a deal that's the first step in a plan to create three new highly-focused businesses.

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Ford to invest $4.5 billion in electrified vehicles by 2020

2015-12-11 14:04:31| Automakers - Topix.net

Ford Motor Co. said it's investing $4.5 billion in electrified vehicles, betting on technologies that have struggled to attract buyers in the U.S. as fuel prices stay low.

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United Technologies unveils $1.5 billion restructuring plan to cut costs

2015-12-11 04:33:43| Industrial Machines - Topix.net

The U.S. aerospace and building systems conglomerate said 2016 adjusted earnings will be $6.30 to $6.60 per share on revenue of $56 billion to $58 billion. Most of the EPS gain will come from share buybacks, it noted.

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Oregon's $44 billion selling spree: Which companies sold in 2015, and for how much

2015-12-11 01:23:40| Industrial Machines - Topix.net

Thursday's $855 million sale of Blount International is the latest in a long string of deals this year for many of Oregon's biggest companies. The selling spree is fueled by low interest rates, large corporate cash balances, changing technologies and the fact the Oregon has relatively few large companies - so they're more likely to be sellers than buyers.

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