"Historic 220-Year-Old U.S. Corporation Announces Breakup"
Originally Published 1 year ago — by CNN
DuPont de Nemours, a 220-year-old American multinational chemical company, announced plans to split into three publicly traded companies, focusing on electronics, water solutions, and remaining divisions. The breakup, expected to be completed within 18 to 24 months, aims to provide greater flexibility and value for shareholders. Lori Koch will become CEO, while current CEO Ed Breen will stay on as executive chairman. This move follows a trend of large companies breaking up to enhance agility.