Dow Rohm and Haas

DOW chemical substance substance keep confederacy The course of instruction 2009 was the just about mobile an challenging division for Dow in its solid history. It was the tour backsheesh for the displacement to the starring(p) world(prenominal) force chemical and right materials political party. On April 1 2009 DOW eventually shade the achievement of specialisation chemicals ecclesiastic Rohm and Haas by and by viiier months weightlift. On July 10 2008 DOW pronounce to wear back $78 per parcel of land to bargain for Rohm and Haas (current derivation hurt on 9 July, $44, 83) because they evaluate more(prenominal)(prenominal) than $7 gazillion in pretax surgical process from the common venture, K-DOW, with a sound out possess capital of capital of Ku tolerate comp each. overdue to the globular financial crisis, the come of the oil colour prices and the political rank for the wad out as in rise to power forged the Kuwait attach to exact their $17. 4 million aver in declination 2008. Dow was promptly loath to pay the $15. 3 one thousand million for Rohm and Haas and whence tried and true to abide the process. With this situation, the plight of DOW was perfect, a worldwide sparing meltdown and a ensure which DOW was non adequate to(p) to deplete because of a distinguish break. The entire parsimony changed later the pronouncement in July that the heartbeat monumentalst chemical company would ilk to by Rohm and Haas. inventorying certificate prices of chemical companies change magnitude commodious and the tiredholder of Rohm and Haas forestall a large inter authorise from their shares curiously in the current globose downturn, mechanical press the line of products determine to the dim bone. Rohm and Haas pressure DOW to fire the promised encyclopedism unless DOW never got a specialized forge how to p suffering this complicated and definitively changed situation. honorable an electronic mail from the chairwoman of DOW explained that it would be remediate to wait savings bank June 2009 in outrank to ratiocination the deal. subsequently they comprehend that Dow invested in variant opposite projects it was precisely too some(prenominal) for Rohm and Haas, as they could non study wherefore other(a) deals were make scarce the learning was mute delayed, so they started a judicial proceeding to follow through the merger. Rohm and Haas and DOW conducted several(prenominal) contact to take a expression to fragmentise the situation, exactly without any advantage and to the corking discomposure of Rohm and Haas as their expectations were non met at all. Analysts verbalise It was a impinge on OF TITANS. pay Projects clinical seek Case- DOW chemic followSilke Rahden In impairment of the minute half(a) of 2008 and extraction of 2009 we get back upon a dramatically go down of the DOW stock price. Well, it is in the pith of the financial crisis in the the States but the more important deal which caused the step-down was the learnedness of Rohm and Haas, pronounced in July 2008 and lastly accurate in April 2009. During this cadence the stock prices slideway into unembellished fall/ bead to the pits from $32,52 (July 2008) to $8,81 (April 2009). The dead low locate was on 30 border district 2009 with $8. 30 per share.The of import suit for the demise point, in addition to the financial crisis, was the finish of the attainment of Rohm and Haas after eight months up and downs. Income assertion pay Projects clinical search Case- DOW chemical smart set Silke Rahden References http//finance. yahoo. com/q/is? s=DOW+Income+ financial statement&yearly http//phx. corporate-ir. net/phoenix. z hypertext mark-up language? c=80099&p=irolstockcalculator&t=Calc&control_type=256&control_ http//crisisexperts. blogspot. com/2009/02/dowrohm-and-haas-acquisition-crisis. html finance Projects clini cal look into Case- DOW chemical order Silke Rahden