When heated under reflux in toluene in the presence of [ (Bu",P),NiBr,],2.5-dimethyIhex-3-yne-2.5-diol is not converted into the expected simple polymerization product. X -Ray structural analysis shows the novel product to be 1 '-(1,3-dihydro-7-isopropenyl-6-isopropyl-l,1,4,4-tetramethylfuro[3,4-c] pyran-3-ylidenemethyl) -1.3-dihydro-7-isopropenyl-6-isopropyl-l,1,4,4,5',5'-hexamethylfuro[3,4-c] pyran-3-spiro-3'-cyclohexene, in agreement with other physical data. The same product was obtained with [(Ph,P), NiBr,] as catalyst. Crystals are monoclinic, a = 9.32(1), b = 37.26(3), c = 13.18(1)A, = 118.7(1)", Z = 4, space group P2,lc. The structure was solved from diffractometer data by direct methods and refined to R 0.054 for 3 583 observed reflections.