Michael Hanretta News
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DuPont Co., the biggest U.S. chemical maker by market value, won a federal judge’s approval to settle class-action claims that its Imprelis herbicide damaged trees at tens of thousands of homes and golf courses.
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Carlyle Group LP, the world’s second- largest private-equity firm, set the interest rate it will pay on $2.9 billion of loans it’s seeking to back its purchase of DuPont Co.’s auto-paint unit, according to a person with knowledge of the transaction.
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Carlyle Group LP, the world’s second- largest private equity firm, is seeking $2.9 billion of loans backing its purchase of DuPont Co.’s auto-paint unit, according to a person with knowledge of the transaction.
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Danske Capital, a Copenhagen-based fund which owns 1.7 percent of Danisco A/S shares, is counting on DuPont Co. to extend its $5.8 billion takeover offer and will decide whether to accept it at the last possible moment.
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DuPont Co. , the third-biggest U.S. chemical maker, won control of Danisco A/S after getting 92.2 percent of the Danish food-ingredient maker’s shares in its 33.4 billion-krone ($6.36 billion) tender offer.
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DuPont Co. options traders are more bullish than any time in two years, betting the stock will rebound from a five-month decline as investors favor companies with the highest dividends.
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The Palestine Monetary Authority will issue deposit certificates to banks this year to bolster the stability of the $9 billion Palestinian territories’ financial system, Governor Jihad al Wazir said.
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DuPont Co. ’s $5.8 billion offer for Danisco A/S , the world’s largest food-ingredients maker, was rejected by a Danish shareholder as too low.
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Solae LLC, a soy joint venture owned by DuPont Co. and Bunge Ltd., has drawn offers from companies including Royal DSM NV and Tate & Lyle Plc, said three people with knowledge of the matter.
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DuPont Co. and Bunge Ltd. are seeking to sell Solae LLC, their joint venture that makes soy products used in foods such as cereal bars, infant formula and milk, said three people with knowledge of the matter.
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