Nov 1 (Reuters) - DuPont de Nemours Inc is nearing a deal to buy electronics-materials specialist Rogers Corp as part of its plan to remake the chemicals company, the Wall Street Journal reported on Monday, citing people familiar with the matter. The company also plans to review alternatives for its unit that makes materials used in the automotive industry, according to the report https://www.wsj.com/articles/dupont-plans-moves-that-would-remake-chemicals-company-11635812224?mod=latest_headlines. Rogers has a market value of nearly $4 billion, according to the Journal, which added that the moves are expected to be announced on Tuesday when DuPont reports its third-quarter results. Both companies did not immediately respond to Reuters requests for comment. (Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Ramakrishnan M.)

Source: Wall Street Journal November 02, 2021 07:04 UTC