Deals
Celanese Nears $11 Billion DuPont Materials Unit Deal
- Chemical companies could announce agreement as soon as Friday
- Celanese set to beat buyout firms for mobility & materials arm
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Celanese Corp. is nearing a deal to buy DuPont de Nemours Inc.’s mobility and materials arm in an agreement that could be announced as soon as Friday, according to people familiar with the matter.
The transaction would be valued at $11 billion, according to one of the people, who asked not to be identified because talks are private. The transaction hasn’t been finalized and talks could still be delayed or fall apart, the people said.