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DuPont Announces Preliminary Results of Exchange Offer in Connection with IFF Transaction
February 1, 2021 GMT
DuPont Logo (PRNewsfoto/DuPont)
WILMINGTON, Del., Feb. 1, 2021 /PRNewswire/ -- DuPont (NYSE: DD) announced today the preliminary results of its exchange offer in connection with the previously announced separation of its nutrition and biosciences business (the “N&B Business”) and merger of Nutrition & Biosciences, Inc. (“N&B”), a DuPont subsidiary formed to hold the N&B Business, with a subsidiary of International Flavors & Fragrances Inc. (“IFF”) (NYSE: IFF). DuPont intends to accept, subject to proration, shares of DuPont common stock validly tendered in the exchange offer.