DuPont to Sell Compound Semiconductor Solutions Business for $450 Million
September 10 2019 - 10:15AM
Dow Jones News
By Colin Kellaher
DuPont de Nemours Inc. (DD) on Tuesday said it agreed to sell
the compound semiconductor solutions business of its electronics
and imaging segment to South Korea's SK Siltron for $450
million.
The Wilmington, Del., company said the sale is part of its
strategy of aligning its portfolio with high-return opportunities,
adding that the business being sold isn't a strategic priority for
the electronics and imaging segment.
Dupont said it expects to complete the sale by the end of the
year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 10, 2019 10:00 ET (14:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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