Dow Chemical sell Styron to Bain for $1.63 billion
Dow Chemical sold its Styron plastics division to Bain Capital for $1.63 billion, the company said Tuesday, ending months of circling by Bain and other private equity firms.
Dow Chemical Co. plans to invest an undisclosed amount in a new manufacturing plant in Saudi Arabia that will make coating materials for use in that country and for export to markets worldwide.