International Flavors & Fragrances is advancing its portfolio transformation with the sale of its Food Ingredients business to CVC for about $4.3 billion. The transaction supports a strategic reshaping of the company’s asset base and could improve focus on core operations. Shares were slightly lower on the day despite the deal announcement.
International Flavors & Fragrances is advancing its portfolio transformation with the sale of its Food Ingredients business to CVC for about $4.3 billion. The transaction supports a strategic reshaping of the company’s asset base and could improve focus on core operations. Shares were slightly lower on the day despite the deal announcement.
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