DuPont de Nemours Inc. announced planned deals that executives said aim to position the 200-year-old industrial company to capture growth from electric vehicles and high-speed telecommunications networks.
The Delaware-based company announced Tuesday a deal to buy electronics materials maker Rogers Corp. for $5.2 billion, while planning to sell much of its materials and mobility business. The moves would orient DuPont’s business around faster-growing, higher-profit markets that are more resilient in economic downturns, said Ed Breen, DuPont’s chief executive.