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Regions :: Western Europe :: Denmark

Danisco Board Accept DuPont's Offer

5:48 AM MST | February 10, 2011 | Kerri Walsh

 Danisco's board of directors has accepted DuPont's $6.3-billion offer made in January. DuPont has agreed to pay DK665/share ($122.50/share) for Danisco, a 24% premium to Danisco's closing price on January 7, the last day of trading before the deal was announced.  A large shareholder in Danisco rejected DuPont’s  offer earlier this month because it claims the bid is too low. DuPont CEO Ellen Kullman said at the time DuPont does not plan to raise its offer for...

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