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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| DuPont de Nemours Inc | NYSE:DD | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.07% | 73.75 | 73.97 | 73.12 | 73.48 | 1,563,718 | 01:00:00 |
From Apr 2019 to Apr 2024
By Colin Kellaher
DuPont de Nemours Inc. on Monday said it agreed to sell its DuPont Clean Technologies business for $510 million as it concludes a review of non-core businesses and the combination of its nutrition and biosciences unit with International Flavors & Fragrances Inc.
The Wilmington, Del., conglomerate said an international private-equity consortium is buying the unit in a deal slated to close in the second quarter.
DuPont also said it has opted to retain its Tedlar and microcircuit materials businesses, along with its DuPont Teijin Films venture, adding that those businesses are now part of its mobility and materials segment.
DuPont said it is receiving a special cash payment of about $7.3 billion in connection with the International Flavors deal, adding that it use roughly $5 billion to pare its debt load, bolstering its balance sheet.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 01, 2021 07:32 ET (12:32 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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