DuPont to acquire Danisco for $6.3bn

“Danisco is a premier company, a long-time successful partner of DuPont and a proven innovator committed to sustainable growth,” said DuPont chair and CEO, Ellen Kullman. “Danisco has attractive, market-driven science businesses that offer clear synergies with DuPont Nutrition & Health and Applied BioSciences.”

The acquisition is expected to be financed with about $3bn in existing cash and the remainder in debt. The transaction is expected to close early in the second quarter.

Source: DuPont

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