Compass Lexecon Assists Counsel from Cleary Gottlieb in Obtaining Clearance of the $130 Billion Merger of Dow and DuPont

Over a six month period, Compass Lexecon assisted counsel from Cleary Gottlieb Steen & Hamilton LLP in securing regulatory approval for Dow Chemical Co.’s (“Dow”) merger with E.I. du Pont de Nemours and Co. (“DuPont”). This process culminated with the European Commission clearing the merger in March 2017 and the Department of Justice doing so in June 2017.

Dow and DuPont are global chemical and agricultural companies with interests in many areas. The merger plan calls for the combined entity to divide into three new companies focused on agriculture, industrial materials, and specialty products. Compass Lexecon worked with teams of Cleary Gottlieb Steen & Hamilton LLP lawyers in Washington, D.C., Cologne and Brussels to provide economic analysis in response to questions from competition authorities in Europe and the United States, particularly with respect to innovation.

In this effort, Compass Lexecon expert Richard Gilbert was supported by a Compass Lexecon team led by Allan Shampine in the Chicago office, and included Dzmitry Asinski, Ka Hei Tse and Katelyn Rowley in the Washington, D.C. and Chicago offices. Compass Lexecon worked closely with George S. Cary, Elaine Ewing and Tilman Kuhn of Cleary Gottlieb Steen & Hamilton LLP.