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DD / DuPont stock gains after $11 billion deal to sell most of its M&M business to Celanese

Shares of DuPont de Nemours Inc. DD, -2.91% rallied 1.6% in premarket trading Friday, after the chemicals company announced an agreement to sell a majority of its Mobility & Materials (M&M) business for $11 billion in cash to Celanese Corp. CE, -2.03% Celanese's stock was still inactive ahead of the open. As part of the deal, Celanese will acquire a production network of 29 facilities, customer and supplier contracts and agreements, about 5,000 employees across the manufacturing, technical and commercial organizations. Read More

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Dupont

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Celanese

DD

Posted: Feb 18 2022, 06:10

Author Name: Market Watch

DD News

By Investopedia
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DuPont's (DD) third-quarter earnings beat analyst estimates, but the chemical company lowered its revenue guidance on slowing demand from China. The c

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By Zacks Investment Research
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By Barrons
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DuPont Stock Is Slipping. Earnings Beat, but the Future Looks Dim.

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By Market Watch
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DuPont's stock down 1.5% after sales miss and guidance that lags consensus

DuPont de Nemours Inc.'s stock DD fell 1.5% premarket Wednesday, after the chemicals company missed sales estimates for the third quarter and offered

By Schaeffers Research
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Bullish Bettors Should Consider This Chemical Stock

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By Zacks Investment Research
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DuPont (DD) Offers Ion Exchange Resin for Green Hydrogen

AmberLite P2X110 Ion Exchange Resin by DuPont (DD) represents a first step into the Green Hydrogen market.

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