Two weeks after its formation, DowDuPont Inc. is altering its plan to splinter into three companies, bringing to an end the threat of a fight with as many as four activist investors.
NYS Entity Status
NYS Filing Date
MAY 30, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - A T PONTE ENTERPRISES INC.
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Four big activist investors, including Jana Partners and Trian Fund Management, are now calling for changes to plans to split DowDuPont, a $150 billion chemical behemoth about to be formed, into three companies.
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By Chronicle News Services - Wednesday Sep 13, 2017
Chemicals DowDuPont shifts focus Chemicals giant DowDuPont will shift the focus of its reorganization plan after shareholders opposed a proposal to break up the company. Tuesday’s decision is the latest response by a big company to activist shareholders who have taken on ever-larger targets in recent years. Household names like Procter & Gamble, Nestlé and Samsung have all found themselves in the sights of such investors. The new plan would divide DowDuPont into three businesses: an agricultural company, a materials science specialist and a specialty products business.