DuPont Sells Auto Coatings to Carlyle for $5.15 Billion

Private equity firm The Carlyle Group (Washington) has agreed to purchase DuPont’s performance coatings unit, a leading supplier of automotive and industrial coatings, for $4.9 billion in cash. Carlyle will also assume $250 million of DuPont’s unfunded pension liabilities, pushing the overall value to $5.15 billion. Kullman: Increased focus on ag, biomaterials. The deal, along with its acquisition of Danisco last year, continues DuPont’s shift toward higher-margin and higher-growth businesses in...

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