Kuwait dumps Dow venture
China Daily | Updated: 2008-12-30 07:56
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Andrew Liveris, CEO of Dow Chemical Company, speaks during a session of the World Economic Forum in Davos, Switzerland, in this file photo taken on Jan 28, 2006. Bloomberg News |
Kuwait scrapped a deal to buy a 50 percent stake in Dow Chemical Co's plastics-making unit, depriving the largest US chemical producer of $9 billion it planned to put toward the acquisition of Rohm & Haas Co.
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