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Dow Chemical up for sale - guess the CEO's will buy ranches in S.A.

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donsu Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-09-07 11:49 AM
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Dow Chemical up for sale - guess the CEO's will buy ranches in S.A.

http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2007-04-08T223348Z_01_LAU869606_RTRUKOC_0_US-DOW-CHEMICAL-BUYOUT.xml&src=rss&rpc=23


Dow Chemical to face $50 billion bid: report

A consortium of Middle Eastern investors and American buyout firms is preparing a $50 billion approach for Dow Chemical Co. (DOW.N: Quote, Profile , Research) in what could be the world's biggest ever leveraged buyout, a paper said on Sunday.

-snip-

At least half of the capital is being provided by investors from Saudi Arabia, Kuwait, Bahrain, Qatar, UAE and Oman, with the rest contributed by a number of U.S. buyout firms including Kohlberg Kravis Roberts (KKR.UL: Quote, Profile , Research), it said.

-snip-

The paper had said the approach was likely to come from a combination of global investors and American private equity giants, who intended to break up the group into smaller companies through a highly leveraged buyout.
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the criminals are packing up and leaving for the ranches

why would 'these' investors want to own Dow's problems which are criminal?

to break Dow into hide-able pieces?
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cyberpj Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-09-07 11:52 AM
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1. Lessons learned from Halliburton. Break it up into many small companies to avoid
big lawsuits. Are they moving to Dubai yet?

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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-09-07 12:03 PM
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2. Guess they are selling this country out to China and ME
everytime you turn around they are selling another company to a foreign company. Wonder if someone could go to those countries and buy their countries.
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