DuPont considers sale of performance-chemicals business

05/21/2014 | Chemical Week

DuPont will consider a sale or Reverse Morris Trust transaction for its performance-chemicals unit as alternatives to a spinoff, according to Chief Financial Officer Nicholas Fanandakis. An RMT transaction would provide the tax benefits of a spinoff but would create uncertainty related to timing, among other things. The $7-billion-per-year segment produces titanium dioxide, fluoroproducts and industrial chemicals.

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