DuPont Announces Strategic Three-Way Split
Originally Published 1 year ago — by Yahoo Finance
DuPont de Nemours Inc. plans to split into three separate publicly traded companies, focusing on electronics, water, and biopharma/medical devices, in a move expected to be completed within two years. This strategy, led by CEO Ed Breen, aims to boost shareholder value by creating more focused businesses, following a trend among industrial conglomerates like Johnson & Johnson and General Electric.