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Home » UPDATE 1-DuPont to sell Delrin resins unit to PE firm for around $1.8 bln – Bloomberg News

UPDATE 1-DuPont to sell Delrin resins unit to PE firm for around $1.8 bln – Bloomberg News

    Materials and chemicals maker DuPont De Nemours Inc is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 billion, Bloomberg News reported on Sunday, citing people familiar with the matter. Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month.

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