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Dow, DuPont eye big tax savings in rare merger of equals

Wednesday, December 16, 2015 - 05:50

New York

THE tax-free treatment of the spin-offs Dow Chemical Co and DuPont plan to carry out after they merge their businesses is a prime driver of the deal, potentially saving tens of billions of dollars, industry sources said.

The US$120 billion merger, announced last week,

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