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IFF to merge with DuPont's $26.2 billion nutrition unit - Reuters

(Reuters) - International Flavors & Fragrances Inc (IFF.N) on Sunday said it will buy DuPont Inc’s (DD.N) nutrition & biosciences unit for $26.2 billion in a deal that will create a new combined company.

Under terms of the deal, DuPont shareholders will own 55.4% of the shares of the new company and existing IFF shareholders will own 44.6%, IFF said in a statement.

Reporting by Shubham Kalia in Bengaluru; Editing by Nick Zieminski

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December 16, 2019 at 04:17AM
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IFF to merge with DuPont's $26.2 billion nutrition unit - Reuters
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