Dupont

$80 Million ‘Golden Parachute’ Package For Dow And DuPont CEOs

DuPont and Dow Chemical Co. have agreed for a $130 million merger reflecting ‘merger on equals’. Following the merger, Dow CEO, Andrew Liveris will enjoy the lion share of $52.8 million while Edward Breen, DuPont’s CEO, will get $27.2 million. However, this appears as a true “Golden Parachute’ only for Liveries since Breen has secured job in the proposed merged entity.

Read Full Article

Dow Chemical reviews options on agri unit, rejigs JVs

As part of its massive restructuring plan, Dow Chemical Co has taken up several measures to increase the bottom line of the company. Dow has decided to review all the available options for its farm chemicals and seeds unit, which has been suffering from sales drop. Dow Chemicals is also considering an option to buy a stake of Coming Inc in a Silicon joint venture (JV). It has increased the dividend payout and is also in the process of offloading its stake in a Kuwait JV engaged in petrochemical products.

Read Full Article

DuPont wins board proxy fight against activist investor Peltz

DuPont (DD.N) repelled a board challenge from activist investor Nelson Peltz on Wednesday, dealing him a surprising blow after shareholders backed all 12 directors nominated by the U.S. chemical conglomerate's management.

Read Full Article

Investors look to earnings for market direction

Investors attempting to determine whether U.S. equities will rebound from Friday's selloff or continue to sink will look to a deluge of earnings next week for a clearer picture of the economy.

Read Full Article

Currency swings cost U.S. corporates $18.66 billion in fourth quarter: study

Foreign exchange swings cost North American corporates $18.66 billion in revenue in the fourth quarter, according to a report by currency risk management consulting firm FiREapps.

Read Full Article

Global shares resilient as investors pin hopes on Fed; Apple outperforms

Asian stocks showed some resilience on Wednesday as investors speculated whether the Federal Reserve could take a dovish turn in its post-meeting statement later in the session, amid signs a stronger dollar was hurting U.S. corporate profits.

Read Full Article

Germany to press EU for national right to ban GMOs before 2015 harvest

Germany is pressing the European Commission to allow individual EU countries to ban cultivation of crops with genetically modified organisms (GMOs) before the 2015 harvest.

Read Full Article

DuPont profit jumps 52 percent as margins improve

DuPont (DD.N), the biggest U.S. chemicals producer by market value, reported a 52 percent jump in quarterly profit as operating margins rose in five of its seven businesses.

Read Full Article

Wall Street edges higher after Fed; Dow sets record

U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement.

Read Full Article

Activist investor Peltz wants DuPont to break up: WSJ

Activist investor Nelson Peltz's Trian Fund Management has called for a break up of DuPont (DD.N), arguing that the diversified chemicals company's overly complex and bloated corporate structure overburdens its seven business lines, the Wall Street Journal reported.

Read Full Article

Amazon to hire hundreds of workers for new fulfillment center in Washington

American e-commerce giant Amazon is planning to hire hundreds of workers for its fourth fulfillment center in Kent, Washington, where customer orders will be packed and shipped.

Read Full Article

DuPont to spin off high end chemicals unit

In a tax free spin off, DuPont would be able to spend just USD0.01 to USD0.02 per share.

Read Full Article

uSamp gets US $15 million financing

The real-time insights provider seals a US $15 million funding after the close of a series D financing from two private equity firms.

Read Full Article

The Top 10 Largest Private Equity Deals of 2012

The annual rankings of the top 10 largest private equity deals of 2012

Read Full Article

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics