Celanese to acquire majority of DuPont's Mobility & Materials business for $11B

Celanese Corporation signed a definitive agreement to acquire a majority of DuPont's Mobility & Materials business for $11.0 billion in cash. The acquisition includes engineered thermoplastics, elastomers, brands, IP, and global production assets.

“The acquisition of the M&M business is an important strategic step forward and establishes Celanese as the preeminent global specialty materials company.”markets.financialcontent.com

• 1 source
• markets.financialcontent.comLaser Focus World - Celanese to Acquire Majority of DuPont’s Mobility & Materials BusinessCelanese CorporationMay 14, 2019

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