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Represents approximately $3.5 billion of net sales and $0.8 billion in operating EBITDA in 2021.
February 22, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
DuPont announced it has entered into a definitive agreement with Celanese Corporation to divest a majority of the Mobility & Materials segment including the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines for $11 billion in cash, subject to customary transaction adjustments in accordance with the definitive agreement, which represents an enterprise value multiple of ~14x 2021 operating EBITDA. Combined, these ...
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