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DuPont (DD) Announces Plan to Separate Into Three Companies
DDDuPont(DD) zacks.com·2024-05-23 16:06

DuPont de Nemours, Inc. (DD) announced a strategic plan to separate into three distinct, publicly traded companies aimed at unlocking value for shareholders and enhancing operational focus. The proposed separations of the Electronics and Water businesses will be executed in a tax-free manner for DuPont shareholders, resulting in New DuPont, Electronics and Water as independent entities. Each company will benefit from increased agility and focus within their respective industries while maintaining strong bal ...