DuPont updates close of Invista sale

WILMINGTON, Del. — DuPont announced that KED Fiber Ltd. and KED Fiber, LLC — subsidiaries of Koch Industries — will move up the closing of the sale of Invista to April 30, two months ahead of plan.

Last November, DuPont agreed to sell Invista to Koch's subsidiaries of for $4.4 billion, the assumption of debt and some joint venture and equity interests.

DuPont and the Koch companies have since adjusted the sale price to $4.2 billion, including the assumption of debt and certain joint venture and equity interests. No further details were disclosed.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos

CURRENT ISSUE

HTT digital edition

See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!