DuPont wants to sell food division
In addition to a sale, a spin-off could also be considered, Bloomberg continued. A so-called Reverse Morris Trust - a tax-free merger with another company in the USA - is also possible. For the latter construct, the fragrance and flavour manufacturers International Flavors & Fragrances (IFF) <US4595061015> or Givaudan <CH0010645932> from Switzerland could be considered.
DuPont <US26614N1028> is valued at around 50 billion US dollars on the stock exchange. DowDupont recently spun off the specialty chemicals group and is now called Dow Inc <US2605571031>. DuPont would concentrate on the production of materials for the construction, transport and electronics industries through the spin-off of the Nutrition & Biosciences division /fba/ajx (dpa)
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