The Business Times

IFF to buy DuPont's nutrition unit for US$26.2b

Published Sun, Dec 15, 2019 · 11:09 PM
Share this article.

[BENGALURU] International Flavors & Fragrances Inc on Sunday said it will buy DuPont Inc's nutrition & biosciences unit for US$26.2 billion in a deal that will create a new combined company.

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

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here