DuPont CEO Gives Investors Confidence Dow Deal Is on Track

DuPont Co. said it can address antitrust regulators’ concerns that its $72 billion merger with Dow Chemical Co. could limit discovery of new agricultural pesticides, boosting confidence that the deal will be approved. Shares of both companies rose the most in almost a year. Regulators are mostly concerned that the combination could hurt innovation in crop-protection chemicals, DuPont Chief Executive Officer Ed Breen said Tuesday on a conference call to discuss fourth-quarter results. The remedy will involve products as well as related research and development resources. He didn’t provide specifics, but the process could involve selling assets