DuPont to separate into three independent companies

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Dupont Nouvelles

Publicly Traded Companies,Diversified Industrial Company,Industrial Businesses

DuPont said it would split its Electronics, Water, and Industrial businesses in a tax-free manner to its shareholders, with the new DuPont continuing as a...

- DuPont said on Wednesday that it would separate into three publicly traded companies, sending its shares up 5% in extended trading.

New DuPont will be comprised of the existing businesses within the water and protection segment, industrial solutions , and the retained businesses reported in corporate .The water company would be comprised of DuPont's current water solutions line of business.DuPont also named CFO Lori Koch as the company's new CEO, effective June 1.Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer.

"Restaurants brought out the servings slowly and were like, 'Nobody is going to sit there for hours and just eat them.' Actually, lots of people did." -- Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week.

 

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