DuPont, through its wholly owned subsidiary DuPont Denmark Holding ApS, announced that it has successfully completed its tender offer for all outstanding shares of common stock of Danisco for DKK 700 (€93.86 - $133.92) cash per share.
All shares that were properly tendered have been accepted for purchase. Payment for those shares will be made in accordance with the terms of the tender offer.
“We are delighted that the tender has been successful and we can move on to the process of integrating Danisco into DuPont,” said DuPont Chair & CEO Ellen Kullman.
“Danisco’s attractive specialty food ingredients businesses and Genencor’s leading industrial enzymes complement DuPont’s own Nutrition & Health and Applied BioSciences offerings. This combination will create an industry leader in industrial biosciences and nutrition and health.”
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