DuPont accelerates unbundling of electronics industry, target completion by November 1, 2025

DuPont accelerates unbundling of electronics industry, target completion by November 1, 2025

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January 15, 2025 – 10:49 PM EST

Wrote RTTNews.com for RTTNews ->

(RTTNews) – DuPont ( DD ) is poised to avoid a spin-off of its electronics business, now focusing on completing the transaction by November 1, 2025.

Additionally, DuPont has acknowledged that it no longer plans to spin off its water business. The company evaluated every strategic strategy imaginable and found that one path to value creation was for the water industry to live within the DuPont portfolio. It also enhances DuPont’s ability to continue optimizing its portfolio after the Electronics separation.

DuPont reaffirmed its cash guidance for the fourth quarter and twelve months of 2024 for acquisition sales, operating EBITDA and adjusted earnings per share.

The views and opinions expressed herein are those of the author and no longer necessarily reflect those of Nasdaq, Inc.

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