DSM tenders Danisco shareholding

DSM has tendered its 4.95% stake in Danisco to DuPont.

Heerlen, NL, 02 May 2011 19:15 CEST

Royal DSM, the global Life Sciences and Materials Sciences company, announces that it has tendered its 4.95% stake in Danisco to DuPont.

Upon completion of the DuPont offer of DKK 700 per ordinary Danisco share, DSM expects cash proceeds of €222 million and to report a book profit of €140 million before tax as an exceptional item.