DuPont de Nemours Inc. on Tuesday announced moves that would remake the chemicals company following years of subpar performance in its shares.

The company agreed to buy Rogers Corp. , an electronics-materials specialist, for $5.2 billion. It also plans to divest a substantial portion of its unit specializing in materials used in the automotive industry. The Wall Street Journal reported Monday that the company was nearing the moves.

This post first appeared on wsj.com

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