Corteva Inc

CTVA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$48.00	Xrls	Pddczcxf

DuPont and Corteva: PFAS Settlement Doesn't Change Our View of Combined $2 Billion Exposure

Seth Goldstein

Jun 2, 2023

DuPont, Corteva, and Chemours (which we collectively refer to as "Historical DuPont") announced a settlement to resolve the vast majority of current perfluoroalkyl and polyfluoroalkyl substances, or PFAS,-related drinking water claims for U.S. water systems where the so-called forever chemicals have either been detected or are subject to monitoring. The settlement totals $1.185 billion, of which DuPont and Corteva will have to pay $400 million and $193 million, respectively.

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