News: International Flavors & Fragrances Inc (IFF)

IFF on New York Consolidated

29 Jul 2014
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$-1.08 (-1.04%)
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Mon, Apr 14 2014

Ingredients firm Symrise to buy Diana for $1.8 billion

FRANKFURT/PARIS - German scents and flavors group Symrise is to buy France's Diana Group for an agreed 1.3 billion euros ($1.8 billion) including debt to narrow the gap on top rival Givaudan and expand in natural ingredients and pet food.

UPDATE 2-Ingredients firm Symrise to buy Diana for $1.8 bln

* Shares in Symrise fall 2.5 pct (Adds comments by CEO, analyst, background)

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