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EU regulators postpone review of Dow-DuPont deal

EU antitrust regulators have halted their scrutiny of the $130 billion merger of Dow Chemical and DuPont after the companies failed to provide crucial data, the European Commission said on Friday.

"This procedure in merger investigations is activated if the parties do not provide an important piece of information that the Commission has requested from them," Commission spokesman Ricardo Cardoso said.

The companies are working constructively with the Commission and other regulatory authorities and still expect to close the deal in the first quarter of 2017, Dow Chemical spokeswoman Rachelle Schikorra said.

Source: Reuters
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