Dow’s Kuwaiti breakup is banks’ headache, too

[Joelle]

Dow's Kuwaiti breakup is banks' headache, too
      

Kuwait’s decision to walk away from a $17.4 billion joint venture with Dow Chemical could hurt the prospects for the company’s $15.3 billion takeover of Rohm & Haas. But there could be other losers, too.
According to Thomson Reuters, Citigroup and Merrill Lynch advised Dow on the Kuwaiti deal and could lose some fees now that it [...]
         

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