BIZ NEWS: IFF to merge with DuPont Nutrition and Biosciences unit - BUSINESS DAILY

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Monday, 16 December 2019

BIZ NEWS: IFF to merge with DuPont Nutrition and Biosciences unit


IFF to merge with DuPont Nutrition and Biosciences unit



The deal announced Sunday would give DuPont shareholders 55.4% of the new company's shares, while IFF shareholders will get 44.6%. When the deal closes, DuPont will get a $7.3 billion cash payment, the companies said in a statement.

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