DuPont Completes M&M Divestiture to Celanese
WILMINGTON, Del., Nov. 1, 2022 /PRNewswire/ -- DuPont (NYSE:DD) today completed the previously announced divestiture of the majority of its former Mobility & Materials segment (the "M&M Business"or the "M&M Divestiture") to Celanese for a purchase price of $11 billion in cash, subject to customary transaction adjustments in accordance with the transaction agreement dated February 17, 2022.
- WILMINGTON, Del., Nov. 1, 2022 /PRNewswire/ -- DuPont (NYSE:DD) today completed the previously announced divestiture of the majority of its former Mobility & Materials segment (the "M&M Business"or the "M&M Divestiture") to Celanese for a purchase price of $11 billion in cash, subject to customary transaction adjustments in accordance with the transaction agreement dated February 17, 2022.
- The results of the M&M Business were reclassified and reported as discontinued operations beginning in first quarter 2022 for current and historical periods.
- DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life.
- DuPontTM and all products, unless otherwise noted, denoted with TM, SMor are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc.
View original content to download multimedia: https://www.prnewswire.com/news-releases/dupont-completes-mm-divestiture...