UPDATE 2-IFF to merge with DuPont's $26.2 bln nutrition unit [Reuters]
International Flavors & Fragrances, Inc. (IFF)
Last international flavors & fragrances, inc. earnings: 2/12 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.iff.com
Company Research
Source: Reuters
IFF to merge with DuPont's $26.2 billion nutrition unit (Reuters) - International Flavors & Fragrances Inc ( IFF.N ) on Sunday said it will merge with DuPont Inc’s ( DD.N ) $26.2 billion nutrition & biosciences unit, in a deal that will create a new combined company. 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. IFF chief Andreas Fibig will run the combined company and will also continue to be the chairman of the board, the company said. Greenhill & Co and Morgan Stanley advised IFF while Credit Suisse Securities (USA) and Evercore served as DuPont’s advisers.
Show less
Read more
Impact Snapshot
Event Time:
IFF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IFF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IFF alerts
High impacting International Flavors & Fragrances, Inc. news events
Weekly update
A roundup of the hottest topics
IFF
News
- IFF Announces Board of Directors ChangesBusiness Wire
- International Flavors & Fragrances Inc. (NYSE: IFF) had its price target lowered by analysts at Citigroup Inc. from $110.00 to $105.00. They now have a "buy" rating on the stock.MarketBeat
- Growth Trends in the Fragrance Ingredients Industry, 2024-2029: Increase in Clean Label Trends, Growing Emphasis on Sustainability and Green Chemistry [Yahoo! Finance]Yahoo! Finance
- Growing Demand for On-the-go Plant-based Snacks to Push up the Sales of Chickpea Protein- FMI Gauges Market Trends as Witnessed Across 30+ Countries [Yahoo! Finance]Yahoo! Finance
- A New Era of Customer-Centricity with IFF Pharma Solutions' AnswerCenter PlatformPR Newswire
IFF
Earnings
- 11/5/24 - Miss
IFF
Sec Filings
- 12/19/24 - Form 8-K
- 12/10/24 - Form 8-K
- 12/3/24 - Form 4
- IFF's page on the SEC website