Brief: DSM And Firmenich Update On Business Combination Agreement

Koninklijke DSM NV

28/06/2022 06:09

June 28 (Reuters) - Koninklijke DSM NV  DSMN.AS :
    * UPDATE ON PUBLIC EXCHANGE OFFER PROCESS
    * DSM AND FIRMENICH CURRENTLY ANTICIPATE THAT PROPOSED
COMBINATION
WILL CLOSE IN H1 2023
    * DSM AND FIRMENICH CONFIRM THAT THEY ARE MAKING GOOD
PROGRESS ON
PREPARATIONS FOR OFFER
    * IT IS EXPECTED THAT AN OFFERING CIRCULAR WILL BE SUBMITTED
FOR
REVIEW AND APPROVAL TO NETHERLANDS AUTHORITY FOR FINANCIAL
MARKETS IN AUGUST AND IN ANY EVENT NO LATER THAN 23 AUGUST 2022
    * MERGER TO BE EFFECTED THROUGH PUBLIC OFFER FOR ALL ISSUED
AND
OUTSTANDING ORDINARY SHARES IN CAPITAL OF DSM IN EXCHANGE FOR
DSM-FIRMENICH SHARES AND CONTRIBUTION OF FIRMENICH SHARES TO
DSM-FIRMENICH IN EXCHANGE FOR DSM-FIRMENICH SHARES AND EUR 3.5BN
IN CASH

Source text for Eikon:  ID:nPreMk9Lga 
Further company coverage:  DSMN.AS 

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