The deal is in line with DuPont's aim to expand its portfolio of advanced electronic materials used in areas such as smart and autonomous vehicles and fifth-generation telecommunications. In March, DuPont struck a deal to buy Laird Performance Materials for $2.3 billion. Arizona-headquartered Rogers manufactures advanced electronic materials used in electric vehicles, according to its website. A deal could be announced as soon as Tuesday when DuPont reports its third-quarter results, according to Bloomberg News. DuPont also plans to review alternatives for its unit specializing in materials used in the automotive industry, according https://www.wsj.com/articles/dupont-plans-moves-that-would-remake-chemicals-company-11635812224?mod=latest_headlines to the Wall Street Journal, which earlier reported the company's discussions with Rogers.

Source: Wall Street Journal November 02, 2021 16:43 UTC