Andreas Fibig
IFF to Merge with DuPont’s Nutrition & Biosciences Business
IFF (New York, NY) and DuPont (Wilmington, DE) have announced that they have entered into a definitive agreement for the merger of IFF and DuPont’s Nutrition & Biosciences (N&B) business in a Reverse Morris Trust transaction. The deal values the combined company at $45.4 billion on an enterprise value basis, reflecting a value of $26.2 ...
IFF Acquires Frutarom for $7.1 Billion
International Flavors & Fragrances Inc. (IFF, New York) and Israel-based Frutarom have announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom’s net debt. Under the terms of the agreement, which has been unanimously ...
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