WILMINGTON, DE — DuPont has announced that it is terminating a $5.2 billion buyout of Rogers Corp after the two companies were unable to obtain timely clearance from all the required regulators.

The two companies previously agreed to the buyout last November, with DuPont paying $277 a share. DuPont said in September that it had received all regulatory approvals except from China, and the company had withdrawn and refiled the notice of the parties’ planned merger with the State Administration for Market Regulation of China.

In a statement, Rogers Corporation said the company is currently evaluating all options to determine the best path forward in response to DuPont’s notice.

“Rogers remains an exceptional company, and the team continues to execute on our successful growth strategy. Our strong competitive position innovating across fast-growing markets, including EV/HEV, is underscored by continuing design wins, broad customer enthusiasm and a robust pipeline of opportunities,” the statement said.

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