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DuPont Ends Rogers Acquisition. Blame China Regulators.

Por: MarketWatch Business November 02, 2022

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Geopolitical tensions were to blame, according to Citi analyst . “The deal did not get timely regulatory approvals in China,” wrote the analyst in a report. DuPont has opted to pay the $163 million break-up fee instead of waiting for clearance of the deal. Investors appeared just fine with that decision. DuPont stock rose almost 6% in after-hours trading. Rogers shares, as one could imagine, went the other way. The stock dropped more than... + full article



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