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China drying wire Reuters Global alternative asset manager The Carlyle Group and DuPont announced that they have signed a definitive agreement, Carlyle will pay $ 4.9 billion cash acquisition of DuPont Performance Coatings. The transaction is expected to be completed in the first quarter of 2013. In 2012, DuPont Performance Coatings expects sales of more than $4 billion and more than 11,000 employees to supply automotive and industrial coatings. Dupont said that through the sale of high performance coatings business, the company's main development strategy will focus on areas such as agriculture and nutrition, advanced materials and biotechnology. DuPont hopes to generate more than $3 billion in sales of advanced automotive materials.
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