DuPont Announces Termination of Intended Rogers Acquisition

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Nov 01, 2022, 17:09 ET

WILMINGTON, Del., Nov. 1, 2022 /PRNewswire/ -- DuPont (NYSE: DD) today announced the termination of the previously announced agreement^¹ to acquire the outstanding shares of Rogers Corporation, as the companies have been unable to obtain timely clearance from all the required regulators. DuPont is paying Rogers a termination fee of $162.5 million in accordance with the agreement.

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¹	On November 2, 2021, DuPont announced that it had entered into an agreement to acquire all the outstanding shares of Rogers Corporation pending receipt of regulatory approvals and satisfaction of customary closing conditions.