DuPont stock gains after $11 billion deal to sell most of its M&M business to Celanese

Shares of DuPont de Nemours Inc. rallied 1.6% in premarket trading Friday, after the chemicals company announced an agreement to sell a majority of its Mobility & Materials business for $11 billion in cash to Celanese Corp. Celanese's stock was still inactive ahead of the open.

6% in premarket trading Friday, after the chemicals company announced an agreement to sell a majority of its Mobility & Materials business for $11 billion in cash to Celanese Corp. CE Celanese's stock was still inactive ahead of the open. As part of the deal, Celanese will acquire a production network of 29 facilities, customer and supplier contracts and agreements, about 5,000 employees across the manufacturing, technical and commercial organizations.

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