Brief: Fermentalg joins forces with DIC to develop new generation natural food colorings

DIC

11/09/2017 17:04

Sept 11 (Reuters) - FERMENTALG SA  FALG.PA : 
    * JOINS FORCES WITH JAPANESE FIRM DIC  4631.T  TO DEVELOP A NEW GENERATION OF NATURAL FOOD 
COLORINGS 
    * 3 YEARS JOINT DEVELOPMENT AGGREMENT WITH DIC OF 2 PRODUCTS INCLUDING A PHYCOCYANIN (A 
NATURAL BLUE PIGMENT) 
    * COOPERATION ON EUR 5 MILLION INVESTMENT BY DIC CORP. IN FERMENTALG IN THE FORM OF BONDS 
CONVERTIBLE AT EUR 5.00 PER SHARE 
 
Source text for Eikon:  ID:nNDL3vzfxr  
Further company coverage:  FALG.PA ,  4631.T  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))