BRIEF-Givaudan Enters Into Exclusive Negotiations To Acquire Albert Vieille [Reuters]
GIVAUDAN SA UNSP/ADR (GVDNY)
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Source: Reuters
BRIEF-Givaudan Enters Into Exclusive Negotiations To Acquire Albert Vieille | Reuters 1 Min Read Dec 14 (Reuters) - Givaudan SA: * GIVAUDAN MEDIA RELEASE: GIVAUDAN ENTERS INTO EXCLUSIVE NEGOTIATIONS TO ACQUIRE ALBERT VIEILLE SAS * AS PART OF ITS 2020 STRATEGY TO EXPAND CAPABILITIES OF ITS FRAGRANCE BUSINESS, GIVAUDAN TODAY ANNOUNCES THAT IT HAS ENTERED INTO EXCLUSIVE NEGOTIATIONS TO ACQUIRE ALBERT VIEILLE SAS * WHILE TERMS OF THE DEAL WILL NOT BE DISCLOSED, ALBERT VIEILLE’S BUSINESS WOULD HAVE REPRESENTED APPROXIMATELY EUR 30 MILLION OF INCREMENTAL SALES TO GIVAUDAN’S RESULTS IN 2017 ON A PROFORMA BASIS * GIVAUDAN PLANS TO FUND THE TRANSACTION FROM EXISTING RESOURCES Source text: bit.ly/2EuE50u Further company coverage: (Reporting by Berlin Speed Desk) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. BRIEF-Givaudan Enters Into Exclusive Negotiations To Acquire Albert Vieille Dec 14 (Reuters)
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