DuPont considers sale of nutrition and biosciences unit - Bloomberg

 

Reporting by Debroop Roy and Manojna Maddipatla in Bengaluru; Editing by Shinjini Ganguli, Reuters

Aug 6, 2019

 

(Reuters) - Industrial materials maker DuPont (DD.N) is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter.

 

The unit, which supplies everything from soy-based food ingredients to tablet binders, could be worth at least $20 billion as a standalone entity, Bloomberg said.

 

DuPont declined to comment on the unitís divestiture.

 

The Wilmington, Delaware-based company said in February that its overall goal was to divest about 10% of its portfolio.

 

DuPont was a part of DowDupont until a split...

 

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https://www.reuters.com/article/us-dupont-de-divestiture/dupont-considers-sale-of-nutrition-and-biosciences-unit-bloomberg-idUSKCN1UW23K