DD Stock Separation Plan: What to Know as DuPont Splits Into 3 Companies
DDDuPont(DD) investorplace.com·2024-05-24 03:23

Investors are keeping a close eye on DuPont (NYSE:DD) stock today as the American multinational chemical company opts to break up its business into three distinct companies. Indeed, DuPont will fracture its electronics and water sectors, leaving the third company more specifically focused on its biopharma and medical devices. The transaction will be tax-free to shareholders. It will be completed over the next 18 to 24 months and is still subject to approval by Dupont’s board of directors. DuPont, which anno ...