Skadden Arps Slate Meagher & Flom has won a lead role on DuPont's $6.3bn (£4bn) acquisition of Danish enzyme and speciality food ingredients company Danisco, reports The Am Law Daily. The deal is DuPont's largest since its 1999 purchase of biotechnology company Pioneer Hi-Bred International for $7.7bn (£4.9bn). DuPont, one of the world's top chemical makers, will pay $5.8bn (£3.7bn) in cash for Danisco, while also assuming $500m (£320m) of net debt.
January 12, 2011 at 06:14 AM
1 minute read
The original version of this story was published on Legalweek
Skadden Arps Slate Meagher & Flom has won a lead role on DuPont’s $6.3bn (£4bn) acquisition of Danish enzyme and speciality food ingredients company Danisco, reports The Am Law Daily.
The deal is DuPont’s largest since its 1999 purchase of biotechnology company Pioneer Hi-Bred International for $7.7bn (£4.9bn).
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