DuPont scraps $5.2 bln Rogers buyout due to China hurdles
Source: Reuters
Nov 1 (Reuters) - Chemicals maker DuPont De Nemours Inc (DD.N) said on Tuesday it was ending its $5.2 billion buyout of Rogers Corp (ROG.N), the first collapse of a major U.S. deal in four years caused by a failure to clear Chinese regulatory hurdles.DuPont said the termination of the deal was agreed with Rogers as they have been unable to obtain timely clearance from all the required regulators. They said in…