DuPont's (DD +4%) discussion of spinning off its performance chemicals unit would seem to vindicate Nelson Peltz, who is said to be "amassing a large stake" in the company, though CEO Ellen Kullman tells CNBC it has been "looking at alternatives... for a few months." BGC analyst Mark Gulley thinks Peltz might propose a split into two pieces, and the strategic review of performance paints is "certainly a step in the right direction."
DuPont's (DD +4%) discussion of spinning off its performance chemicals unit would seem to...
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DuPont de Nemours, Inc. |