BRIEF-Dupont To Acquire Spectrum Plastics Group From AEA Investors


Reuters | Updated: 02-05-2023 16:02 IST | Created: 02-05-2023 15:45 IST
BRIEF-Dupont To Acquire Spectrum Plastics Group From AEA Investors
Representative Image Image Credit: Wikimedia

Dupont De Nemours Inc: * DUPONT TO ACQUIRE SPECTRUM PLASTICS GROUP FROM AEA INVESTORS

* DUPONT - PROPOSED DEAL FOR PURCHASE PRICE OF $1.75 BILLION * DUPONT - EXPECTS DEAL TO BE IMMEDIATELY ACCRETIVE TO ITS ADJUSTED EPS AND TO ACHIEVE HIGH SINGLE-DIGIT ROIC BY YEAR FIVE.

* DUPONT - PURCHASE PRICE WILL BE PAID FROM EXISTING CASH BALANCES Source text for Eikon: Further company coverage:

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