CCI approves acquisition of Nutrition & Biosciences, Inc. by International Flavors & Fragrances Inc.

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..... CCI approves acquisition of Nutrition & Biosciences, Inc. by International Flavors & Fragrances Inc. - News and Press Release Dated:- 19-9-2020 - News - The Competition Commission of India (CCI) approves acquisition of Nutrition Biosciences, Inc. ( Spinco ) by International Flavors Fragrances Inc. ( IFF ) under Section 31(1) of the Competition Act, 2002 , today. The proposed combinatio .....

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..... n relates to the acquisition of sole control by IFF, over the Nutrition Biosciences business ( N B Business ) of DuPont de Nemours, Inc. ( DuPont ), by means of acquiring sole control over SpinCo, a company newly formed by DuPont and to which DuPont will transfer the N B Business. IFF is a public company based in New York, United States of America. IFF is active worldwide in the development, .....

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..... creation, and sale of flavours and fragrances that are used in consumer goods industries (such as food and beverage, personal care, or household products industries). IFF s main business units are Scent and Taste . SpinCo is a recently incorporated company to which DuPont will transfer its N B Business. The N B Business is active worldwide in the development, production, and marketing of foo .....

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..... d science, taste, and texture applications, and biotechnology products that are used in various industries, including food and beverage, dietary supplements, home and personal care, animal nutrition and pharmaceutical excipients. The N B Business operates through its Food Beverage , Health Biosciences , and Pharma Solutions units. A detailed order of the CCI will follow. - News - Pre .....

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..... ss release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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