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

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. The deal, which has been unanimously approved by both boards, values the combined company at $45.4 billion on an enterprise basis, IFF said. DuPont will also receive a one-time cash payment of $7.3 billion upon closing of the deal, IFF added. …read more

Source:: Yahoo Finance

      

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