We had a nice setup in DowDuPont Inc. (DWDP) which we took full advantage of. This firm's divisions are agriculture, materials science, and specialty products. The company spun off its "Materials Science division" segment recently and is now gearing up to spin off its "Agriculture and Specialty Products" segments into two separate entities over the next few months. DowDuPont expects these "spin-offs" to deliver multi-billion dollar cost synergies over the long term which should really help profit going forward.
What attracted us to DowDuPont though was its attractive valuation. Although the earnings and