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DuPont said to sell herbicide department before Dow merger

DuPont is planning to sell a business making herbicides to help reduce potential antitrust sticking points to a $59 billion merger with U.S. competitor Dow, according to people with knowledge of the situation.

Wilmington, Delaware-based DuPont is also considering the disposal of insecticide and seeds units that might be an obstacle to the deal going ahead, they said.

Dow and DuPont are pushing to complete their planned combination by year-end. Rather than combine the smaller units into one package, DuPont is looking at individual sales, said the people. For its part, Dow is selling a unit making copolymers used in food packaging, according to people familiar with the matter.

Read more at Bloomberg
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