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TINLY Teijin Ltd (PK)

8.34
0.00 (0.00%)
01 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Teijin Ltd (PK) USOTC:TINLY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 8.34 7.85 8.47 11 21:00:32

DuPont Seeks Buyers For Teijin Joint Venture: Sources - Bloomberg News

13/10/2011 2:25am

Dow Jones News


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U.S. chemical company E.I. DuPont de Nemours & Co. (DD) is seeking buyers for DuPont Teijin Films, a polyester film joint venture with Japan-based Teijin Ltd. (3401.TO), Bloomberg News reported Thursday on its website, citing unnamed sources.

DuPont is also looking to sell another business that makes powder-based paint, the report said. Both the assets would likely fetch less than $1 billion each, the report quoted the sources as saying.

The company might also buy the 28% stake it doesn't already own in Solae--a soybean-based food products joint venture with Bunge Ltd. (BG)--instead of selling it as previously planned, the report said, quoting one unnamed source.

A DuPont spokesman declined comment, according to the report.

Full Story: http://www.bloomberg.com/news/2011-10-12/dupont-said-to-seek-buyers-for-teijin-venture-powder-paint-unit.html

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