Asset sales plan secures EU backing for $130 billion Dow, DuPont


#

Asset sales plan secures EU backing for $130 billion Dow, DuPont merger

The Dow logo is seen on a building in downtown Midland, Michigan, in this May 14, 2015 file photograph. Rebecca Cook/File Photo

(Reuters) – Dow Chemical and DuPont won the blessing of the European Union for their $130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities.

The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical producers would leave few incentives to produce new herbicides and pesticides in the future. The deal is one of a trio of mega mergers that will reshape the industry and consolidate six companies into three.

Asset sales would ensure competition in the sector and benefit European farmers and consumers, the Commission said.

“We need effective competition in this sector so companies are pushed to develop products that are ever safer for people and better for the environment,” European Competition Commissioner Margrethe Vestager said in a statement.

“Our decision today ensures that the merger between Dow and DuPont does not reduce price competition for existing pesticides or innovation for safer and better products in the future.”

The two other big deals in the industry are ChemChina’s [CNNCC.UL] $43 billion bid for Syngenta and Bayer’s acquisition of Monsanto.

Dow and DuPont said they were still on target for $3 billion in cost synergies and $1 billion in growth benefits.

The deal is still to be approved by regulators in the United States, Brazil, China, Australia and Canada, but the companies said they were confident of clearance in all remaining jurisdictions.

“This regulatory milestone is a significant step toward closing the merger transaction, with the intention to subsequently spin into three independent publicly traded companies,” Dow spokeswoman Rachelle Schikorra said in an email.

The EU approval may be a sign that U.S. regulators would follow suit because the agencies have traditionally coordinated on reviews and remedies for large multinational mergers, said Diana Moss, president of the American Antitrust Institute non-profit group.

However, any required asset sales would likely reflect antitrust concerns in the local marketplace.

“In the U.S. there are very high shares in corn and soybean seeds. We would expect those problems to be significant enough for enforcers in the U.S. to remedy them,” Moss said.

Weighty Decision

DuPont products are shown for sale in a hardware store in National City, California, December 9, 2015. Mike Blake/File Photo

The 1,000-page decision underlined the significance of the merger. In return for the EU green light, DuPont will divest large parts of its global pesticides business, including its global research and development organization.

The unit makes herbicides for cereals, oilseed rape, sunflower, rice and pasture and insecticides for insect control for fruits and vegetables.

Dow, in turn, will sell two acid co-polymer manufacturing facilities in Spain and the United States, as well as a contract with a third party through which it buys ionomers. The company has already found a buyer in South Korea’s SK Innovation.

“The main surprises here are the inclusion of the pesticides and the exclusion of any kind of seed assets,” Bernstein analysts wrote in a note. The analysts also said they had expected EU to be concerned about the concentration of seed sales, and that they would require Dow to divest its corn seeds business.

European Competition Commissioner Margrethe Vestager holds a news conference after Dow Chemical gained conditional EU antitrust approval on Monday for their $130 billion merger by agreeing to significant asset sales, one of a trio of mega mergers that will redraw the agrochemicals industry, in Brussels, Belgium March 27, 2017. Yves Herman

“We see the required divestments here as smaller than we originally expected, due to the exclusion of seed assets”.

Antitrust experts said the regulator’s demand to sell large swathes of R editing by Robin Emmott/Keith Weir/Sriraj Kalluvila

0. 0

  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below

10/09/2017

Posted In: NEWS

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a Comment

Business Sell Canada – Find Businesses For Sale sorted by Category


#

  • Accommodation Recreation (63)
    Hotel, Resort, Camping, Trailer Park.
  • Advertising Directories (3)
    + Marketing, Printing, Signs, On-line.
  • Animals Pet Care (8)
    + Grooming, Supplies, Ranches, Training.
  • Art, Antiques Gifts (13)
    + Collectables, Souvenirs, Art Gallery.
  • Automotive Sales Service (19)
    + Car Rentals, Salvage, Tires, Garages.


  • Biotechnology Pharmaceuticals (-)
    + Drug Store, Medical/Sports Clinics.
  • Building Materials Hardware (19)
    + Lumber Yard, Construction Equip’t.
  • Business Services Supplies (28)
    + UPS, Print, Junk, Cleaning, Office Prod.


  • Chemicals Plastics (-)
    + Chem Manuf, Cleaning Prods, Die Mold.
  • Children Youth (15)
    + Pre-school, Playground, College, Toys.
  • Cleaning Decorating (21)
    + Maid Serv, Renos, Janitor, Painter.
  • Clothing Textiles (12)
    + Fashion, Bridal, Dry Clean, Manufacture.
  • Computer Hardware Software (3)
    + Games, Programs, Cellular, Websites.
  • Construction Maintenance (38)
    + Inspect, Landscape, Renos, Plumb/Elect.
  • Consumer Goods Services (14)
    + Bottle Depot, Ink Refill, Sears, Vacuum.
  • Contracting Trades (38)
    + Reno, Inspect, Elect/Plumbing, Carpentry.
  • Customer Service (8)
    + Cleaning, Restore, Snow Remove, Taxi.


  • E-Commerce Internet (9)
    + Websites, On-line stores, Web services.
  • Education Training (13)
    + Learning Ctr, Career Coll, Tutoring.
  • Electronics Electrical (5)
    + Industrial Ctrls, Automation, Audio Eq’t.
  • Energy Environment (4)
    + Power prods, Recycling, Furnace/Wood.
  • Entertainment Arts (12)
    + Pub, Playground, Paintball, Theatre.


  • Farming, Fishing Forestry (8)
    + Outfitting, Fences, Nursery, Ranch.
  • Financial Services Investing (3)
    + Franchises, Tax prep, Investments.
  • Food Related Products (93)
    + Supermarket, Bakery, Food Package.

  • Health Beauty (30)
    + Fitness, Gym, Health Food, Wellness/Spa.
  • Home Based Business (34)
    + Handicraft, Vending, Cleaning, Inspect.
  • House Garden (19)
    + Clean, Lawn, Garden Ctr, Furniture.
  • Hospitality Food Service (95)
    + Banquet, Bar, Resort, Hotel, Food Trk.

  • Industrial Manufacturing Service (26)
    + Machine Shop, Sht Metal, Quarry, Ctrls.
  • Information Technology (2)
    + Computers, Office Prod, System Int.
  • International Business Trade (2)
    + World-wide, Export Distrib, Website.

  • Management Human Resources (1)
    + Employment Agency, Business Mgmt.
  • Marketing Advertising (11)
    + Real Estate Agency, Printing, Sign Mfg.
  • Media, Graphics, Film Video (3)
    + Sign Mfg, Graphic/Web Design, Photo.
  • Mining, Metal Resources (2)
    + Oil Field Servs, Quarry, Gravel Haul.

  • Personal Services Products (35)
    + Spa/Tan, Health, Flowers, Hse Clean.
  • Professional Services Consulting (15)
    + Bookkeep, Invest, Engineer, R.E.
  • Publishing, Printing News (9)
    + Newspapers, Print Shop, Web Blog.

  • Real Estate Rental Buildings (26)
    + Apt, Storage, Motel, inc Home/Land.
  • Recreation, Resorts Camping (22)
    + Trailer Pk, RV Rents, Marina, Travel.
  • Repairs Maintenance (22)
    + Garage, Transmission, Builder, Mech.
  • Retail Stores Trade (91)
    + All stores, E-commerce, Malls, Kiosk.

  • Sports Leisure Products (20)
    + Bar, Golf, Gym, Marina, Power Toys.

  • Telecommunications (1)
    + Cellular, VOIP, ISP, Phone Sales.
  • Transportation Travel (49)
    + Car/Truck, RV, Taxi, Travel Agy.

  • Warehousing, Moving Storage (4)
    + Trucking, Freight, Mini-Storage.
  • Wholesale Trade Distributor (28)
    + Food Mfg, Chem Mfg, Warehouse.

  • Accommodation Recreation
    Hotel, Resort, Camping, Trailer Park.
  • Advertising Directories
    + Marketing, Printing, Signs, On-line.
  • Animals Pet Care
    + Grooming, Supplies, Ranches, Training.
  • Art, Antiques Gifts
    + Collectables, Souvenirs, Art Gallery.
  • Automotive Sales Service
    + Car Rentals, Salvage, Tires, Garages.


  • Biotechnology Pharmaceuticals
    + Drug Store, Medical/Sports Clinics.
  • Building Materials Hardware
    + Lumber Yard, Construction Equip’t.
  • Business Services Supplies
    + UPS, Print, Junk, Cleaning, Office Prod.


  • Chemicals Plastics
    + Chem Manuf, Cleaning Prods, Die Mold.
  • Children Youth
    + Pre-school, Playground, College, Toys.
  • Cleaning Decorating
    + Maid Serv, Renos, Janitor, Painter.
  • Clothing Textiles
    + Fashion, Bridal, Dry Clean, Manufacture.
  • Computer Hardware Software
    + Games, Programs, Cellular, Websites.
  • Construction Maintenance
    + Inspect, Landscape, Renos, Plumb/Elect.
  • Consumer Goods Services
    + Bottle Depot, Ink Refill, Sears, Vacuum.
  • Contracting Trades
    + Reno, Inspect, Elect/Plumbing, Carpentry.
  • Customer Service
    + Cleaning, Restore, Snow Remove, Taxi.


  • E-Commerce Internet
    + Websites, On-line stores, Web services.
  • Education Training
    + Learning Ctr, Career Coll, Tutoring.
  • Electronics Electrical (-)
    + Industrial Ctrls, Automation, Audio Eq’t.
  • Energy Environment
    + Power prods, Recycling, Furnace/Wood.
  • Entertainment Arts
    + Pub, Playground, Paintball, Theatre.


  • Farming, Fishing Forestry
    + Outfitting, Fences, Nursery, Ranch.
  • Financial Services Investing
    + Franchises, Tax prep, Investments.
  • Food Related Products
    + Supermarket, Bakery, Food Package.


  • Health Beauty
    + Fitness, Gym, Health Food, Wellness/Spa.
  • Home Based Business
    + Handicraft, Vending, Cleaning, Inspect.
  • House Garden
    + Clean, Lawn, Garden Ctr, Furniture.
  • Hospitality Food Service
    + Banquet, Bar, Resort, Hotel, Food Trk.

  • Industrial Manufacturing Service
    + Machine Shop, Sht Metal, Quarry, Ctrls.
  • Information Technology
    + Computers, Office Prod, System Int.
  • International Business Trade
    + World-wide, Export Distrib, Website.

  • Management Human Resources
    + Employment Agency, Business Mgmt.
  • Marketing Advertising
    + Real Estate Agency, Printing, Sign Mfg.
  • Media, Graphics, Film Video
    + Sign Mfg, Graphic/Web Design, Photo.
  • Mining, Metal Resources
    + Oil Field Servs, Quarry, Gravel Haul.

  • Personal Services Products
    + Spa/Tan, Health, Flowers, Hse Clean.
  • Professional Services Consulting
    + Bookkeep, Invest, Engineer, R.E.
  • Publishing, Printing News
    + Newspapers, Print Shop, Web Blog.

  • Real Estate Rental Buildings
    + Apt, Storage, Motel, inc Home/Land.
  • Recreation, Resorts Camping
    + Trailer Pk, RV Rents, Marina, Travel.
  • Repairs Maintenance
    + Garage, Transmission, Builder, Mech.
  • Retail Stores Trade
    + All stores, E-commerce, Malls, Kiosk.

  • Sports Leisure Products
    + Bar, Golf, Gym, Marina, Power Toys.

  • Telecommunications
    + Cellular, VOIP, ISP, Phone Sales.
  • Transportation Travel
    + Car/Truck, RV, Taxi, Travel Agy.

  • Warehousing, Moving Storage
    + Trucking, Freight, Mini-Storage.
  • Wholesale Trade Distributor
    + Food Mfg, Chem Mfg, Warehouse.


23/08/2017

Posted In: NEWS

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Leave a Comment

Donate Boats – Boat Donation Charity #donate #your #car #massachusetts, #donate


#

Donate Boat to Charity

Boats with Causes offers an easy way to donate boat to charity. All proceeds go straight to helping the With Causes charitable organization. Fishing boats sailboats and other vessel donations.

Boats with Causes makes it extremely fast and easy to donate boat anywhere in the USA. Great tax benefits, you are supporting a deep-rooted charity and you receive a free vacation voucher! Easily Donate Boats to Charity.

When you donate your used boat you relieve yourself of the high costs and receive a tax deduction, free vacation voucher and you directly help the With Causes Charitable network. Boats. Personal Watercraft. Outboard Motors and Boat Trailers all accepted as charity donations.
Free Boat Appraisal Guide

Boats with Causes makes it very easy to donate boats and other personal watercraft to charity. All boat donations are tax deductible and you receive a free vacation voucher of your choice as a thank you for your generosity.

You will receive the full fair market value as a lawful IRS tax deduction for your boat. Donate boats now! Tax Benefits

Receive a free vacation with boat donation valued over $500 to Boats with Causes! This offer is not connected with any timeshare presentation or sales pitch of any kind! Reservations must be taken with 1 year. We guarantee that you will receive deluxe hotel accommodations in the city of your choice. Donate Boat Now!

Donate vehicles to charity. Used Car donations. RV. Trucks. Trailers


25/07/2017

Posted In: NEWS

Tags: , , , , , , , , , , ,

Leave a Comment

Travel in Canada, for Canadian Tourists, winter, cottage, resort, inn, lodge,

#travel canada
#

Travel Canada.net is a Canadian website that provides Travel hints and suggestions on Where to Stay in Canada.

Here are some examples:

Discover the Westwind Inn. a hidden treasure you will promise to return to for years to come. An easy drive just 1.5 hours north east of Toronto, this private getaway is located in the heart of the Kawartha Lakes region of Ontario, Canada and offers a tranquil escape from the everyday hustle and bustle of city living. With all the natural beauty of the Muskoka Lakes region, without the traffic or commercialization. You will find every inch of Westwind naturally beautiful, the perfect environment for a romantic interlude, quiet retreat or gruelling conference. Whether it’s an extended stay, a weekend trip or corporate retreat, we are just what you are looking for and so much more!

Spectacular setting for a romantic wedding or group retreat.

Celebrate your special occasion at Westwind Inn . Treat your sweetheart to a romantic weekend away. Soft music, fine wines, superb dining, incredible grounds, comfortable accommodations and friendly staff. Your package includes superb multi course dinners, full country breakfasts, full use of resort facilities, hot tub, sauna, pool and so much more! See our rates page for room descriptions and pricing. Wonderful romantic honeymoon suites perfect for your anniversary!

Westwind Inn is proud to offer full service dining with a beautiful lake view. Our all inclusive Modified American Plan includes a superb multi course dinner and full country breakfast each day. There are many towns to explore and restaurants in the area where you can have lunch. If you prefer to stay on site a packed lunch is available when ordered at breakfast time.

Westwind Inn is situated on 60 private acres featuring over 1/4 mile of private shoreline with breathtaking lake views and our own forest with a spring fed pond in a wilderness setting. discover the peaceful sounds of earth. observe wildlife in it’s natural environment. take photos, explore an artists haven. We are surrounded by thousands of acres of natural forest with so many wonderful activities available to experience and enjoy.

Ruby’s Cottage Resort is the ultimate family Ontario resort vacation and cottage rentals destination in Haliburton Highlands of Ontario. Ruby’s Cottage Resort is a four seasons destination with numerous trails in Haliburton County for hiking, biking, ATVing, snowmobiling, skiing.

Ruby’s Cottage Resort is a great place in the off season for romantic couples to escape for a weekend. Relax in a hot tub or curl up in front of a woodstove.

Fishing in spring, summer, fall winter is ideal at our Ontario cottage resort in Haliburton Highlands.

I rwin Inn (Lakefield, Stoney Lake) Spectacular Stoney Lake setting, exceptional dining, year round comfort. Rooms, cottages, luxury fireplace suites with whirlpool, hot tub or pool. Summer programs, seasonal packages, golf, tennis, beach, pool, canoes, kayaks, pedal boats, mountain bikes, nature trails, horseback riding.

  • lakefront Studio Cabins, 1, 2, 3 and 4-bedroom housekeeping cottages
  • clean and comfortable cottages with full kitchens, gas BBQ’s, colour TV, electric heat and inspected by the Canada Select Accommodation rating program
  • some cottages are handicap accessible
  • facilities on-site include boats, motors, dockage, canoes, kayaks, pedal boat, life jackets, store, spa services
  • family oriented, with optional organized family activities mid-June to mid-September
  • safe, sandy beach, volleyball, shuffleboard, playground, waterskiing and wakeboarding lessons, and tubing
  • lakefront tea room featuring our home-made jams and home baking
  • mature trees with plenty of shade on well-kept spacious grounds
  • quiet, relaxed, family atmosphere
  • moderate weekly rates July and August
  • Spring and Fall, there are midweek specials, weekend and weekly rates
  • pets: As of 2001, only pets of regular, returning, Scotsman Point guests will be permitted. We no longer accept new pets.
  • conference and retreat facilities
  • 18-hole golf course right next door that is well maintained, and three others nearby
  • VISA, MasterCard, Debit Card, personal cheques accepted
  • we are members of Resorts of Ontario, Peterborough and the Kawarthas Tourism, Lakefield Chamber of Commerce, Buckhorn District Tourist Association and the National Canada Select Accommodation Rating Programme
  • Broadband Internet connection is available for guests with suitably equipped laptop computers.




    13/07/2017

    Posted In: NEWS

    Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

    Leave a Comment