Iff to merge with dupont's nutrition & biosciences business

Iff to merge with dupont’s nutrition & biosciences business.international flavors & fragrances inc - deal values combined company at $45.4 billion on an enterprise value basis.international flavors & fragrances inc - deal reflects a value of $26.2 billion for n&b business.international flavors & fragrances inc - terms of deal agreement has been unanimously approved by both boards of directors.international flavors & fragrances - dupont shareholders will own 55.4% of the shares of the new company and existing iff shareholders will own 44.6%.iff - upon completion of deal , dupont will receive a one-time $7.3 billion special cash payment, subject to certain adjustments..international flavors & fragrances - upon closing, new co's board will consist of 13 directors: 7 current iff directors, 6 dupont director appointees.iff - new company will be headquartered in new york.iff - dupont executive chairman, ed breen, will join board of combined co as dupont appointee.
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