DuPont Completes M&M Divestiture to Celanese

DuPont has completed the previously announced divestiture of the majority of its former Mobility & Materials segment to Celanese for a purchase price of $11 billion, subject to customary transaction adjustments in accordance with the transaction agreement dated February 17, 2022. The results of the M&M Business were reclassified and reported as discontinued operations, beginning in the first-quarter 2022 for current and historical periods. 

The divestment includes a majority of DuPont’s Mobility & Materials segment, including the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines. The Auto Adhesives, Multibase, and Tedlar® product lines within the Mobility & Materials segment are not included in the scope of the intended divestitures.