DuPont in negotiations with third party on possible sale of DuPont Textiles & Interiors

DuPont recently announced that it is in negotiations with a third party regarding the possible sale of DuPont Textiles & Interiors (DTI). This disclosure is required to be included in the offering circular for DuPont's tender offer for the 24 percent of DuPont Canada stock that it does not already own. The offering circular will be issued April 17.

Since the negotiations are in their preliminary stages, DuPont did not disclose the name of the third party and will not provide any other information at this time. There can be no assurance that any such sale efforts will be successful or, if successful, of the terms, conditions and timing of any potential transaction, Dupont says.