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HomeMarketDuPont to end $5.2 billion acquisition of Rogers on clearance hurdles By...

DuPont to end $5.2 billion acquisition of Rogers on clearance hurdles By Reuters

© Reuters. FILE PHOTO: The logo for DuPont de Nemours, Inc. is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly
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(Reuters) – Chemicals maker DuPont (NYSE:) De Nemours Inc said on Tuesday it was terminating its $5.2 billion buyout of Rogers (NYSE:) Corp as the companies have been unable to obtain timely clearances from regulators.

DuPont said it would pay Rogers a termination fee of $162.5 million.

Story Credit: investing.com

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