By Will Feuer

 

DuPont de Nemours Inc.'s deal to buy electronics-materials specialist Rogers Corp. for $5.2 billion is still awaiting approval from Chinese regulators, the companies said Friday.

The deal was previously expected to close in the third quarter of 2022, the companies said. They did not provide a new timeline for the closing of the deal.

The two companies said they have received all required regulatory approvals for the deal except from the State Administration for Market Regulation of China. DuPont, at the request of SAMR, recently withdrew and refiled the notice of the parties' planned merger with the regulator, the companies said.

The companies remain in "cooperative discussions with SAMR with the aim of securing regulatory approval of the planned merger," they said.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

September 30, 2022 07:32 ET (11:32 GMT)

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