DuPont to demerge its Electronics and Water businesses in a $34bn deal.

DuPont, an American multinational chemical company, is set to demerge its Electronics and Water businesses in a $34bn deal. "This is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the creation of three strong, industry-leading companies. The three-way separation will unlock incremental value for shareholders and customers and also create new opportunities for employees. Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A," Ed Breen, DuPont Executive Chairman and CEO.