08 April 1998
Agriculture takes centre stage at DuPont
LIFE sciences – including agricultural products – will form the centrepiece of DuPonts future, president and chief executive Charles “Chad” Holliday announced.
The worlds largest chemical company has unveiled a massive reorganisation, grouping its array of chemicals and specialties businesses into three separate divisions.
Du Ponts shares jumped 7% on the New York Stock Exchange amid speculation that the announcement was a precursor to an eventual break-up of the company – a move which some shareholders have been advocating.
- Financial Times 08/04/98 page 29