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People & Business :: M&A
DuPont Considering Sale of Solae
10:12 AM MDT | September 20, 2011 | Rebecca Coons
DuPont may sell its 72% stake in Solae, the company’s soy-based chemicals joint venture with Bunge, DuPont executive v.p. Mark Vergnano recently told Bloomberg (New York). The business, which has reportedly received offers from DSM and Tate & Lyle, posts annual Ebitda of $180 million. DuPont chair and CEO Ellen Kullman has previously said the Solae business has several synergies with its recent Danisco...
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