Rohm and Haas Company reported that the European Commission has determined that the pending acquisition of Rohm and Haas by The Dow Chemical Company does not contravene EC competition law. With this decision, the transaction has obtained all necessary approvals in Europe.
The sole remaining regulatory clearance necessary for the transaction to close is that of the U.S. Federal Trade Commission.
Rohm and Haas Company continues to work diligently towards completing the proposed transaction with Dow in early 2009.
Leading the way since 1909, Rohm and Haas is a global pioneer in the creation and development of innovative technologies and solutions for the specialty materials industry. The company's technologies are found in a wide range of industries including: Building and Construction, Electronics and Electronic Devices, Household Goods and Personal Care, Packaging and Paper, Transportation, Pharmaceutical and Medical, Water, Food and Food Related, and Industrial Process.