Trian Said to Increase Stake in DuPont

Nelson Peltz is doubling down on his investment in DuPont, a major chemical company in the U.S. He has increased his stake to 2.7% by exercising put call options, now owning 24.3 million shares. Peltz, known for seeking changes in companies like PepsiCo, recently joined the board of Madison Square Garden. A source suggests Peltz is committed to a long-term strategy with DuPont, aiming for a company split and cost reductions.

What recent action did the investor take regarding DuPont?

What strategy did the investor use to increase his stake in DuPont?

How much of DuPont does the investor now own?

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What is the investor's intention regarding DuPont's company structure?