On the Record · Union Carbide
Union Carbide acquisitions, on the record
The businesses Union Carbide bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Common Control Membership InterestWord for word“On December 1, 2023, the Corporation sold its Common Control Membership Interest to another TDCC subsidiary in exchange for a $1,543 million term loan receivable, which bears interest based on alternative reference rates and matures on December 1, 2043.” 10-K for 2023 | agreed divestiture | December 1, 2023 | $1,543 million |
infrastructure assets on the U.S. Gulf CoastWord for word“The Corporation evaluated the divestment of the infrastructure assets on the U.S. Gulf Coast and the sale of a portion of its ownership interest in DTIL and determined they did not represent strategic shifts that had a major effect on the Corporation's operations and financial results and did not qualify as an individually significant component of the Corporation.” 10-K for 2023 | divestiture | — | — |
Dow Multinational Holding LLCWord for word“Sale and Purchase Agreement, dated December 1, 2023, between Union Carbide Corporation and Dow Multinational Holding LLC.” 10-K for 2023 | agreed divestiture | December 1, 2023 | — |
UCMG L.L.C. and Petroliam Nasional BerhadWord for word“Agreement for the Sale & Purchase of Shares, dated as of August 17, 2009, among Union Carbide Corporation, UCMG L.L.C. and Petroliam Nasional Berhad, incorporated by reference to Exhibit 2.1 of the Corporation's Current Report on Form 8-K dated September 30, 2009.” 10-K for 2023 | agreed divestiture | dated as of August 17, 2009 | — |
The Dow Chemical CompanyWord for word“Agreement and Plan of Merger dated as of August 3, 1999 among Union Carbide Corporation, The Dow Chemical Company and Transition Sub Inc., incorporated by reference to Exhibit 2 of the Corporation's Current Report on Form 8-K dated August 3, 1999.” 10-K for 2023 | merger | dated as of August 3, 1999 | — |
Common Control Membership Interest (TDCC Infrastructure Subsidiary)Word for word“On December 1, 2023, the Corporation sold its Common Control Membership Interest to another TDCC subsidiary in exchange for a $1,543 million term loan receivable ("Infrastructure Divestment"), which bears interest based on alternative reference rates and matures on December 1, 2043.” 10-K for 2024 | divestiture | On December 1, 2023 | $1,543 million term loan receivable |
Remaining ownership interest in a TDCC joint venture (DGTL)Word for word“In 2024, the Corporation sold its remaining ownership interest to DGTL for cash proceeds of $ 2 million and recognized a pretax gain, recorded in "Sundry income (expense) - net" in the consolidated statements of income.” 10-K for 2024 | divestiture | In 2024 | $ 2 million |
membership interests in Diamond Infrastructure SolutionsWord for word“The Corporation previously sold its membership interests in Diamond Infrastructure Solutions to another TDCC subsidiary in 2023.” 10-K for 2025 | divestiture | 2023 | — |
Deal filings since 2016
- 2023-12-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-11-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Union Carbide’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-03. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.