Reported about 8 hours ago
DuPont announced it will no longer pursue the separation of its water business into a publicly traded entity, while proceeding with the spinoff of its electronics division. This decision follows plans to restructure into three publicly traded companies aimed at enhancing value, with the electronics spinoff expected to conclude by November 1. CEO Lori Koch highlighted that keeping the water unit alongside healthcare provides strategic flexibility and anticipates a strong performance in 2025.
Source: YAHOO