Brief: Corteva To Buy Chemours' Insurance Rights For $150 Million

The Chemours

04/08/2025 13:32

Aug 4 (Reuters) - Chemours Co CC.N:

CHEMOURS, DUPONT AND CORTEVA REACH AGREEMENT WITH THE STATE OF NEW JERSEY TO COMPREHENSIVELY RESOLVE ALL ENVIRONMENTAL CLAIMS INCLUDING PFAS

CHEMOURS CO - DUPONT, CORTEVA TO BUY CHEMOURS' INSURANCE RIGHTS FOR $150 MILLION

CHEMOURS CO - SETTLEMENT PAYMENTS TOTAL $875 MILLION OVER 25 YEARS STARTING 2026

CHEMOURS CO - RESPONSIBLE FOR 50% OF SETTLEMENT PAYMENTS, ABOUT $250 MILLION

CHEMOURS CO - DUPONT AND CORTEVA WILL ESTABLISH A RESERVE FUND BASED ON THEIR RESPECTIVE COST SHARING PERCENTAGES, CAPPED AT $475 MILLION

Source text: ID:nBw8XFgmCa

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