DuPont targets November 1 to complete separation of its Electronics business

DuPont (DD) announced the acceleration of the separation of its Electronics business and is now targeting November 1 to complete the transaction. This decision recognizes the size and importance of Electronics to the overall shareholder value creation opportunity and DuPont’s desire to complete the separation as quickly as possible. Additionally, DuPont no longer intends to separate its Water business. The company evaluated all strategic alternatives and concluded the best path to generate value is for the Water business to remain in the DuPont portfolio. This also enhances DuPont’s ability to continue optimizing its portfolio following the Electronics separation. “We remain excited about the value creation opportunity for DuPont following the Electronics separation,” added Lori Koch, DuPont CEO. “The decision for Water to remain with DuPont provides the new organization with greater strategic flexibility over time and another high growth business alongside Healthcare. We continue to have conviction in the attractive outlook for Water and expect 2025 to be a strong year for the business.”