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HSR WAITING PERIOD EXPIRES FOR DUPONT-FMC TRANSACTIONS
Jun. 15, 2017
Source: DuPont news release
DuPont (NYSE: DD) today announced that the waiting periods for the approval of its transactions with FMC Corporation ("FMC") under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 have expired without a request for additional information and documentary material by the U.S. Department of Justice. The expiration of the last of the two waiting periods occurred at 11:59 p.m. EST on June 9.
The expirations satisfy certain conditions to the closing of the proposed transactions with FMC, which include FMC acquiring a portion of DuPont Crop Protection business, including certain research and development capabilities, and DuPont acquiring substantially all of FMC's Health & Nutrition business.
DuPont continues to expect the FMC transactions to close in the fourth quarter of 2017, subject to the closing of the DuPont and Dow merger, in addition to other customary closing conditions, including regulatory approvals.
About DuPont
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders, we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.
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