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Purchase price was $11 billion in cash, subject to customary transaction adjustments.
November 1, 2022
By: DAVID SAVASTANO
DuPont completed the previously announced divestiture of the majority of its former Mobility & Materials segment (M&M Business) to Celanese for a purchase price of $11 billion in cash, subject to customary transaction adjustments in accordance with the transaction agreement dated Feb. 17, 2022. The results of the M&M Business were reclassified and reported as discontinued operations beginning in first quarter 2022 for current and historical periods.
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