Givaudan: to take 40.5% stake in Naturex
(CercleFinance.com) - Givaudan today announces that it has signed a contract to acquire 40.
5% of Naturex, the world leader in natural plant ingredients, at a unit price of 135 euros per share.
Following this acquisition, Givaudan will launch a mandatory takeover bid for all Naturex shares that it does not yet hold, at a unit price of 135 euros per share.
This merger was has been approved by Naturex's Board of Directors and management team.
This merger is part of the Givaudan 2020 strategy to strengthen these capabilities in the field of natural flavours and will result in an undisputed leader in the field of natural extracts and ingredients.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
5% of Naturex, the world leader in natural plant ingredients, at a unit price of 135 euros per share.
Following this acquisition, Givaudan will launch a mandatory takeover bid for all Naturex shares that it does not yet hold, at a unit price of 135 euros per share.
This merger was has been approved by Naturex's Board of Directors and management team.
This merger is part of the Givaudan 2020 strategy to strengthen these capabilities in the field of natural flavours and will result in an undisputed leader in the field of natural extracts and ingredients.
Copyright (c) 2018 CercleFinance.com. All rights reserved.