DuPont sells majority of Delrin acetal business to private equity
Private equity firm TJC LP of New York has agreed to buy 80 percent of DuPont Co.'s Delrin acetal homopolymer (H-POM) business.
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Private equity firm TJC LP of New York has agreed to buy 80 percent of DuPont Co.'s Delrin acetal homopolymer (H-POM) business.
The deal is part of DuPont's sale of its M&M Mobility & Materials unit.
The results of operations of the Delrin business will continue to be presented as discontinued operations in DuPont's financials.
DuPont de Nemours Inc. confirmed Monday morning that it plans to sell an 80.1% ownership interest in Delrin, an acetal homopolymer business, to TJC LP. The...
/PRNewswire/ -- DuPont (NYSE: DD) today announced a definitive agreement to sell an 80.1% ownership interest in the Delrin® acetal homopolymer (H-POM)...