-- Strengthens DuPont's leadership position in advanced electronic materials for key markets including smart/autonomous vehicles, 5G telecommunications, artificial intelligence, internet of things, and high-performance computing
-- Adds critical capabilities and market leading offerings in thermal management and electromagnetic shielding essential to emerging electronic applications
-- Significantly accelerates the transformation of E&I's Interconnect Solutions business into a total solutions provider
-- Purchase price of $2.3 billion and forecasted cost synergies of $60 million yield transaction multiple of ~15x excluding synergies and ~11x including synergies
PR Newswire
WILMINGTON, Del., March 8, 2021