Kuwait Scraps $17.4Bn Dow Chemical Joint Deal
Zawya
Kuwait yesterday pulled the plug on a $17.4bn deal with Dow Chemical, the US's largest chemicals group,days before it was to come into effect.
A Kuwaiti official told the Financial Times that the deal had been cancelled partly as a result of the decline in the value of Dow Chemical's assets and partly as a result of pressure from Kuwait's parliament. ...
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