Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody’s

July 31, 2025

Pi Network price prediction for August 2025 – Can it reverse 75% losses? 

July 31, 2025

No Fed Action in Key Market Week; Mortgage Rates Flatten

July 30, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Thursday, July 31
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Stock Market»DuPont to no longer separate water business, moves ahead with electronics spinoff By Reuters
Stock Market

DuPont to no longer separate water business, moves ahead with electronics spinoff By Reuters

January 24, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Industrial materials maker DuPont announced on Wednesday that it has decided not to separate its water business into a publicly traded company as originally planned. However, the company will proceed with the spinoff of its electronics business.

This decision follows DuPont’s earlier announcement of plans to split into three publicly traded companies in a tax-free manner to unlock value and pursue focused growth.

DuPont will expedite the separation of its electronics business, with the transaction expected to be completed by November 1. This timeline is ahead of the previously estimated 24 months for the process to close.

The electronic segment of DuPont includes semiconductor technologies and interconnect solutions, which saw a 7.1% increase in net sales during the third quarter.

CEO Lori Koch stated, “The decision to retain the water unit within DuPont allows the new organization to have greater strategic flexibility over time and adds another high-growth business alongside healthcare.” Koch added that the water segment is expected to have a strong year in 2025.

In 2015, DuPont merged with Dow to form DowDuPont in a $130 billion deal. Subsequently, the company spun off its chemical businesses as Dow and its agribusiness division as Corteva, with DuPont remaining as a standalone entity.

Several companies globally, such as Maple Leaf Foods, have opted to split up their businesses into publicly traded entities to enhance profitability and revenue.

© Reuters. FILE PHOTO: A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo

Following the announcement, DuPont’s shares initially declined but later reversed losses to trade 1% higher at $77.00 in extended trading.

The company reaffirmed its annual adjusted profit forecast of $3.90 per share and anticipates net sales to be approximately $12.37 billion. DuPont is scheduled to report its financial results on February 11.

Ahead Business DuPont electronics Longer moves Reuters separate spinoff water
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bookkeeping Prices for Small Business: What to Expect in 2025

July 30, 2025

What Is a Business Lending Marketplace?

July 24, 2025

What’s the Easiest Business Loan to Get Approved for?

July 15, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

17 Top Picks for Agents

November 1, 20240 Views

EU leaders seek united response to Donald Trump’s tariffs

April 6, 20250 Views

Is This The Most Honest Interview Ever?

May 16, 20251 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Crypto

Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody’s

July 31, 20250
Crypto

Pi Network price prediction for August 2025 – Can it reverse 75% losses? 

July 31, 20250
Personal Finance

No Fed Action in Key Market Week; Mortgage Rates Flatten

July 30, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.