IFF and DuPont Nutrition & Biosciences announce purpose and vision, operating model & executive committee for future combined company
International Flavors & Fragrances (NYSE: IFF) (Euronext Paris: IFF) (TASE: IFF) and DuPont (NYSE: DD), building on the previously announced merger between IFF and DuPont’s Nutrition & Biosciences (N&B) business, have shared the new guiding purpose and vision, operating model and Executive Committee for the intended combined company. The companies continue to expect that the transaction will close in the first quarter of 2021.
The combined company will be formed upon the merger closing, subject to IFF shareholder approval, regulatory approval and customary closing conditions.