A 220-year-old American corporate powerhouse is breaking up
DuPont de Nemours, the American multinational chemical company which traces its history back to 1802, announced plans to split into three publicly traded companies.
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DuPont de Nemours, the American multinational chemical company which traces its history back to 1802, announced plans to split into three publicly traded companies.
DuPont announces plans to split into three companies and names Lori Koch as its new CEO, focusing on industries like biopharma and medical devices.
It joins a parade of corporate icons like Johnson & Johnson and General Electric that have broken up in recent years. Read more at straitstimes.com.
DuPont announced Wednesday it will split into three publicly traded companies, spinning off its electric and water businesses, in an effort to better allocate capital.
According to the company, this split will allow the company to explore and maintain focus on business with better emphasis. American chemical company DuPont has split its business into three different entities. The 220-year-old company, with its origins in the 19th century, has split into DuPont De Nemours Inc., Corteva Inc., and Dow Inc.