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DuPont Completes Sale of Auto Paint Unit
The Carlyle Group has finalized its acquisition of DuPont Co.'s automotive paint and coatings unit for $4.9 billion in cash and the assumption of debt.
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The Carlyle Group has finalized its acquisition of DuPont Co.'s automotive paint and coatings unit for $4.9 billion in cash and the assumption of debt.
DuPont and the Washington, D.C.-based private equity announced the planned deal in August.
DuPont predicts its remaining units will sell more than $3 billion of advanced materials per year to the auto industry.
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