DuPont to divest engineered polymers, performance resins and acquire Rogers Corporation for $5.2 billion
DuPont has announced that it will divest a significant portion of its Mobility & Materials portfolio and acquire Rogers Corporation (Chandler, Arizona), a producer of advanced materials, for approximately $5.2 billion. The combined actions “strengthen DuPont’s positions in high-growth, high-margin markets” and significantly improves cross-cycle earnings stability, DuPont says. On a conference call earlier today, DuPont chairman and CEO Ed Breen noted that the Mobility … Continue reading DuPont to divest engineered polymers, performance resins and acquire Rogers Corporation for $5.2 billion

