Keyword: Third Point

News

Dow and Third Point Reach Agreement on Board

24.11.2014 - Dow Chemical and Third Point, the hedge fund that has been hounding the largest US chemical producer have settled their differences "out of court." The chemical group has now...

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Activist Investor Again Blasts Dow's Integrated Strategy

02.05.2014 - Dow Chemical's integrated strategy is costing shareholders billions of dollars, and executives should work harder to boost results and transparency, activist investor Daniel Loeb...

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Dow Lifts Asset Sale Target to $4.5-6 Billion by End of 2015

20.03.2014 - With activist shareholder hedge fund Third Point breathing down its corporate neck, Dow Chemical has lifted its asset sale target from $3-4 billion to $4.5-6 billion. The company...

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Dow CEO Liveris Defends Strategy Against Hedge Fund

30.01.2014 - In a conference call to present financial results for the fourth quarter and full year 2013, Dow Chemical CEO Andrew Liveris defended his strategy of integrating commodity...

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Hedge Fund Buys Into Dow, Recommends Petchems Spin-off

22.01.2014 - New York-based $14 billion hedge fund Third Point has acquired a sizeable stake in Dow Chemical, and reports from the U.S. suggest the fund's chief executive Daniel S. Loeb is...