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Sovereign Wealth Funds Briefing - Categorized | Investment

Kuwaiti Fund would reconsider dow deal

Posted on 11 February 2009

From Nytimes.com: Could the Kuwait Investment Authority unstick Dow Chemical’s disputed takeover of Rohm & Haas? The Kuwaiti fund would consider increasing its support for the deal if the terms were changed to account for the downturn, The Financial Times reported, citing a person familiar with the matter says.

Dow refused to close its $15 billion takeover of Rohm & Haas late last month, after a key joint plastics venture with Kuwait fell apart….. Full Article: Source


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