DuPont plans moves that would remake chemicals company
DuPont is nearing a deal to buy Rogers Corp., an electronics-materials specialist with a market value of nearly $4 billion
DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the matter, following years of subpar performance in its shares.
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DuPont is nearing a deal to buy Rogers Corp., an electronics-materials specialist with a market value of nearly $4 billion, the people said. It also plans to review alternatives for its unit specializing in materials used in the automotive industry, they said.
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The moves are expected to be unveiled Tuesday, when DuPont reports its third-quarter earnings, unless the plan falls apart at the last minute.