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DowDuPont (NYSE:DWDP), Midland, MI, and Wilmington, DE, the company officially founded Sept. 1 following the lengthy merger of Dow Chemical and DuPont, has made adjustments to its materials science and specialty products divisions to better align these businesses with the end-markets they serve.
DowDuPont will realign the following businesses to the specialty products division from the materials science division:
On a forecasted 2017 basis, the businesses that will be realigned to the specialty products division account for total net sales of more than $8 billion.
The changes are being made to avert a "prolonged fight with activist investors over its post-merger plans," according to a Reuters report.