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Danisco accepts offer from DuPont

Posted: 9 February 2011 | Danisco | No comments yet

The Executive Board and members of the Board of Directors have today accepted DuPont’s offer of DKK 665 per share…

The Executive Board and members of the Board of Directors have today accepted DuPont's offer of DKK 665 per share...

In accordance with the Board of Directors’ recommendation of 21 January 2011, the Executive Board and members of the Board of Directors have today accepted DuPont’s offer of DKK 665 per share, corresponding to 28,056 shares and a total value of DKK 18.7 million.

Danisco is a leading technology-driven organization, with outstanding research and application development capabilities. The company has specialty food ingredients, including enablers, cultures and sweeteners, that generate about 65 percent of total sales; and Genencor, its enzymes division, represents 35 percent of total sales. Danisco and DuPont are already joint venture partners in the development of cellulosic ethanol technology. Danisco has nearly 7,000 employees globally with operations in 23 countries.

www.danisco.com

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