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DuPont de Nemours, the American multinational chemical company which traces its history back to 1802, announced plans to split into three publicly traded companies.
I would wager that one of the companies is going to hold all of their products that are liabilities that they expect huge lawsuits from.
Monsanto has done the same in the past.
First thing I thought of.
Let’s not forget Bayer doing the same to make it impossible to prosecute them for infecting thousands of people with HIV and Hepatitis intentionally.
3m recently, too
Absolutely, they are preemptively limiting exposure to something they expect to be a problem in the near future.
They’ve already done that once. See Chemours