We are placing Rohm and Haas ROH under review as we transfer coverage to a new analyst and revisit our long-term assumptions.
industry downturn and the valuations would not have been attractive. When Dow Chemical DOW bought Rohm and Haas , Dow ended up selling Rohm and Haas ' salt division to K+S not because of antitrust concerns, but because it needed to quickly pay
Looking ahead, Dow will continue to invest in increasing its exposure to emerging markets and specialty chemicals. In addition to investing in its business, Dow will continue to pay down the debt it incurred for the Rohm and Haas acquisition.
business to private equity firm Bain Capital for $ 1 . 6 billion , allowing Dow to hack away at the debt amassed for the Rohm and Haas acquisition and continue shifting its portfolio toward specialty chemicals . Also , Eastman Chemical is now reviewing
sales growth and profitability projections. With the Rohm and Haas integration proceeding ahead of plan and the worst of ..... along with other smaller asset sales like the legacy Rohm and Haas powder coating business which Dow has just sold to Akzo
gross proceeds from the transaction to retire the remaining balance of the bridge loan it used to fund a portion of the Rohm and Haas acquisition. This marks a significant milestone in Dow's efforts to clean up its balance sheet, and in combination
shore up its balance sheet. In the second quarter, the company made strong progress in paying down debt from the Rohm and Haas acquisition. The company issued a combined $9 billion in equity and debt over the course of the quarter, resulting
by the Haas family and Paulson & Co. The remainder will be used to pay down its outstanding term loan used to acquire Rohm & Haas . The debt, along with its recent $1.6 billion equity offering, is a major step toward tackling its short-term
remainder for some of the perpetual preferred stock held by Paulson & Co. and the Haas family trusts. When Dow acquired Rohm and Haas , it relied in part on $2.5 billion in new perpetual preferred stock from these two sources. Overall, Dow will
from workforce reductions. The acquisition of Rohm and Haas closed April 1, so Rohm 's results were not included in Dow's numbers ..... was Dow's discussion of the financing of the Rohm and Haas acquisition. The company has a $9.3 billion