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The company plans to spin off its electronics and water businesses into their own yet-to-be-named companies in a transaction that is tax-free to shareholders. ... DuPont, Dow Chemical and Corteva ...
In October 2013, DuPont announced that it was planning to spin off its "performance chemicals" business into a new publicly traded company in mid-2015. [7] DuPont filed its initial Form 10 with the SEC in December 2014 and announced that the new company would be called "The Chemours Company." [8] The name is a portmanteau of the words chemical ...
Following the DuPont and Dow merger and subsequent spinoff, this product line remained with DuPont. [76] On the company's 200th anniversary in 2002, it was presented with the Honor Award by the National Building Museum in recognition of DuPont's "products that directly influence the construction and design process in the building industry." [77]
The DowDuPont agricultural businesses that became Corteva had revenue of over $14 billion in 2017, [9] which would have placed the company in the Fortune 500 for that year. A major part of the company is Pioneer Hi-Bred International, which DuPont purchased in 1999.
Delaware’s Supreme Court has upheld a judge’s dismissal of a lawsuit alleging that the DuPont Co. massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours.
Chemours, a spin-off of DuPont, said it would be responsible for half of the settlement costs, DuPont would provide about $39 million, and Corteva is expected to cover the rest. ... the companies ...
Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...
An attorney for DuPont argued Wednesday that the lawsuit must be dismissed because the separation agreement with Chemours mandates that any disputes arising from the 2015 spinoff must be resolved ...