DuPont de Nemours Inc. reached a deal to combine its nutrition business with International Flavors & Fragrances Inc., creating a company that would be a top supplier of ingredients to U.S. food makers. The companies said Sunday the entity would have revenue of $11 billion and be a major supplier of products including soy proteins, probiotics, enzymes and ingredients for creating scents and tastes for consumer products. The new company will continue to be called IFF and based in New York.

Source: Wall Street Journal December 15, 2019 23:48 UTC