DSM discloses shareholding in Danisco
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announced that it holds a 4.95% stake in Danisco which has been acquired some years ago.
DSM currently owns 2.36 million shares of Danisco, which are traded at the Copenhagen Stock Exchange.
It has been building its shareholding in 2007 and beginning 2008.
Dansico is to be purchased by DuPont at a DKK 665 per share. If DSM sells its shares for DKK 665, it will have a non-recurring book profit of approximately € 129 million before tax.
DSM is not considering a competitive bid.
Also read: DuPont to purchase Danisco
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