By 
DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the matter, following years of subpar performance in its shares.
DuPont
DD,
+2.34%
is nearing a deal to buy Rogers Corp.
ROG,
+3.54%,
an electronics-materials specialist with a market value of nearly $4 billion, the people said. It also plans to review alternatives for its unit specializing in materials used in the automotive industry, they said.
The moves are expected to be unveiled Tuesday, when DuPont reports its third-quarter earnings, unless the plan falls apart at the last minute.
An expanded version of this report appears on WSJ.com.
Also popular on WSJ.com:
The forces behind Biden’s problems: Four parties, zero trust.
Farewell offshoring, outsourcing. Pandemic rewrites CEO playbook.
Comments