Givaudan completes partial Naturex acquisition

11 Jun 2018
Givaudan completes partial Naturex acquisition

Givaudan has announced that it has successfully completed the acquisition of 40.5% of the shares of Naturex for €135 per share and a total consideration of €522 million.

Givaudan also confirmed its intention to proceed to launch a mandatory cash tender offer for all remaining outstanding shares of Naturex, at a price of €135 per share. The Board of Directors and Management of Naturex are said to be fully supportive of the transaction.

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