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    IFF — International Flavors & Fragrances News Story

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    Brief: IFF To Sell Its Food Ingredients Business To CVC For About $4.3 Bln

    Picture of International Flavors & Fragrances logoInternational Flavors & Fragrances
    29/05/2026 12:03
    BRIEF-IFF To Sell Its Food Ingredients Business To CVC For About $4.3 Bln
    May 29 (Reuters) - International Flavors & Fragrances Inc IFF.N:
    • IFF ENTERS INTO AGREEMENT TO SELL ITS FOOD INGREDIENTS BUSINESS TO CVC
    • INTERNATIONAL FLAVORS  FRAGRANCES INC: TRANSACTION THAT VALUES BUSINESS AT APPROXIMATELY $4.3 BILLION
    • INTERNATIONAL FLAVORS  FRAGRANCES - TO RETAIN 10% MINORITY EQUITY INTEREST VALUED AT $200 MILLION IN FOOD INGREDIENTS BUSINESS
    • INTERNATIONAL FLAVORS  FRAGRANCES - DEAL EXPECTED TO BE DILUTIVE TO ADJUSTED EPS IN FIRST 12 MONTHS AFTER CLOSING
    • INTERNATIONAL FLAVORS  FRAGRANCES: EXPECTS TO RECEIVE NET CASH PROCEEDS OF ABOUT $3.8 BILLION AT DEAL CLOSE
    • INTERNATIONAL FLAVORS  FRAGRANCES INC: REITERATING ITS PREVIOUSLY COMMUNICATED FULL-YEAR 2026 GUIDANCE RANGES
    Source text: ID:nFWN42612Z
    Further company coverage: IFF.N

     ((Reuters.Briefs@thomsonreuters.com;))

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