WILMINGTON, Del., Nov. 1, 2022
/PRNewswire/ -- DuPont (NYSE: DD) today announced the termination
of the previously announced
agreement1 to acquire the outstanding
shares of Rogers Corporation, as the companies have been unable to
obtain timely clearance from all the required regulators. DuPont is
paying Rogers a termination fee of $162.5
million in accordance with the agreement.
About DuPont
DuPont (NYSE: DD) is a global innovation
leader with technology-based materials and solutions that help
transform industries and everyday life. Our employees apply diverse
science and expertise to help customers advance their best ideas
and deliver essential innovations in key markets including
electronics, transportation, construction, water, healthcare and
worker safety. More information about the company, its businesses
and solutions can be found at www.dupont.com. Investors can
access information included on the Investor Relations section of
the website at investors.dupont.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service
marks denoted with ™, ℠ or ® are owned by affiliates of DuPont
de Nemours, Inc. unless otherwise noted.
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1
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On November 2, 2021,
DuPont announced that it had entered into an agreement to acquire
all the outstanding shares of Rogers Corporation pending receipt of
regulatory approvals and satisfaction of customary closing
conditions.
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SOURCE DuPont