Picture of Givaudan SA logo

GIVN Givaudan SA News Story

0.000.00%
ch flag iconLast trade - 00:00
Basic MaterialsConservativeLarge CapHigh Flyer

Symrise says U.S. Department Of Justice drops antitrust probe (updated)

Add details from paragraph 3

Feb 9 (Reuters) - Symrise AG SY1G.DE said on Monday that investigations against it in U.S. antitrust proceedings by the Department of Justice have been dropped.

The German fragrances and flavours maker said no unlawful anti-competitive conduct on the part of Symrise had been established.

 Symrise as well as peers Givaudan GIVN.S, Firmenich - which has merged with DSM DSFIR.AS - and International Flavors & Fragances IFF.N came under scrutiny from competition regulators in 2023 on suspicion of anti-competitive agreements.

Last October, IFF agreed to
pay
 $26 million to resolve parts the case.

 (Reporting by Maria Rugamer, Simon Ferdinand Eibach and Patricia Weiss
Editing by Ludwig Burger)

 ((maria.rugamer@thomsonreuters.com;))

Recent news on Givaudan SA

See all news