- DuPont, which makes that protective substance, is paying $5 billion for peer Rogers to capture the glow of rising demand for electric vehicles.
- After a $130 billion mega-merger, two spinoffs and multiple asset sales and purchases, DuPont faces a high bar in proving its financial tinkering will leave investors better off.
- DuPont might be able to drum up more revenue by controlling more of the components in high-growth electric vehicles, though it’s not using that argument to justify the deal.
For further details see:
DuPont Financial Tinkering Comes At Too High Price