Dow Chemical Aktie
WKN: 850917 / ISIN: US2605431038
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27.01.2014 22:33:00
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Dow Chemical Company (The) -- Moody's: Moody's: Splitting Dow would be a Credit Negative
New York, January 27, 2014 -- Moody's views the proposal by Third Point Capital, who has reportedly taken a roughly 2.5% equity stake in The Dow Chemical Company (Dow), as being a credit negative. However, Moody's does not believe that Dow will implement this proposal and instead will accelerate its planned cost reductions and divestitures, and undertake incremental increases to shareholder remuneration. Moderate increases to shareholder remuneration would not have a negative impact on Dow's rating or outlook.
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