DuPont (DD +2.1%) announces a South African regulator has rejected its planned purchase of a...

|By:, SA News Editor

DuPont (DD +2.1%) announces a South African regulator has rejected its planned purchase of a seed company, upholding a legal ruling from last year. The move follows a growing trend in the nation of tightening restrictions on foreign ownership of companies. Dupont says it will study the decision and any available options for future action.