Proceed with caution

Baker, John
April 2007
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p5
Trade Publication
The author reflects on the dismissal of two Dow Chemical senior executives and its implications on mergers and acquisitions in the chemical industry. Allegedly dismissed for unofficial dealings with potential buyers, Romeo Kreinberg and Pedro Reinhard's experience, the author says, is a lesson for buyers and sellers to be cautious and discrete to make sure that all finance deals are aboveboard. This is essential, he says, in the face of ongoing battles and hedgings for European Union and U.S assets in the global market.


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