Rohm and Haas Co. (ROH) announced that its Board of Directors has sent a letter to Board of Directors of Dow Chemical Co. (DOW) detailing actions Dow should take to obtain the financing and honor the contract to acquire the company. Rohm and Haas advised Dow to cease the declaration or payment of any cash dividend, other than a penny per share, actively pursue asset sales of Dow's and Rohm and Haas's businesses and divisions, pursue all options to raise equity in private or public markets, pursue all options to raise long term debt in private or public markets, pursue all options to extend the existing $13 billion revolving credit agreement, take all other actions requested by any rating agency in connection with obtaining financing for the merger, evaluate and pursue all available financing options in the event that Dow is unable to retain its investment grade credit rating, and bear obligations under the merger agreement in mind when considering and reviewing corporate, capital and discretionary expenditures.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.