BN 04/12 18:52 *SYMRISE PLANS TO INVEST ALMOST EUR 1.3B, SECURED FINANCING
BN 04/12 18:52 *SYMRISE, DIANA JOINT ACTIVITIES SALES ALMOST EUR 2.3B
BN 04/12 18:49 *KERISPER IS HOLDING ENTITY OF DIANA GROUP
BN 04/12 18:49 *DEAL EPS ACCRETIVE FOR SYMRISE FROM 2015 ONWARD
BN 04/12 18:49 *SYMRISE OFFERS TO BUY ALL SHARES OF KERISPER
BN 04/12 18:49 *SYMRISE, DIANA OWNERS AGREED ON EXCLUSIVITY DURATION OF PROCESS
BN 04/12 18:49 *DIANA OWNERS CAN ACCEPT OFFER AFTER FRENCH WORKER CONSULTATION
BN 04/12 18:52 *SYMRISE, DIANA JOINT ACTIVITIES SALES ALMOST EUR 2.3B
BN 04/12 18:49 *KERISPER IS HOLDING ENTITY OF DIANA GROUP
BN 04/12 18:49 *DEAL EPS ACCRETIVE FOR SYMRISE FROM 2015 ONWARD
BN 04/12 18:49 *SYMRISE OFFERS TO BUY ALL SHARES OF KERISPER
BN 04/12 18:49 *SYMRISE, DIANA OWNERS AGREED ON EXCLUSIVITY DURATION OF PROCESS
BN 04/12 18:49 *DIANA OWNERS CAN ACCEPT OFFER AFTER FRENCH WORKER CONSULTATION
Symrise Offers to Buy All Shares of Diana Group
2014-04-12 18:59:39.663 GMT
By Mike Millard
April 12 (Bloomberg) -- Symrise plans to invest almost EUR
1.3b, has secured bridge financing; plans to refinance by mix of
debt and equity financing, co. said in statement.
* Symrise, Diana Group joint activities would generate pro
forma sales of almost EUR 2.3b, Ebitda margin of more than
20%
* After French consultation process with workers’ council of
Diana, owners of Diana Group can conclude share purchase
agreement by accepting offer; parties agreed on exclusivity
for the duration of process
* Kerisper SAS is holding entity of Diana Group
* NOTE: 3/10 Symrise Chief Considers Bid for Wild Flavors in
Deal Pursuit {NSN N28DAV6S972C<Go>}
Link to statement: {NSN N3XJNI3PWT1D <go>}
Link to Company News:{SY1 GR <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Mike Millard at +1-206-262-4142 or
mmillard2@bloomberg.net
2014-04-12 18:59:39.663 GMT
By Mike Millard
April 12 (Bloomberg) -- Symrise plans to invest almost EUR
1.3b, has secured bridge financing; plans to refinance by mix of
debt and equity financing, co. said in statement.
* Symrise, Diana Group joint activities would generate pro
forma sales of almost EUR 2.3b, Ebitda margin of more than
20%
* After French consultation process with workers’ council of
Diana, owners of Diana Group can conclude share purchase
agreement by accepting offer; parties agreed on exclusivity
for the duration of process
* Kerisper SAS is holding entity of Diana Group
* NOTE: 3/10 Symrise Chief Considers Bid for Wild Flavors in
Deal Pursuit {NSN N28DAV6S972C<Go>}
Link to statement: {NSN N3XJNI3PWT1D <go>}
Link to Company News:{SY1 GR <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Mike Millard at +1-206-262-4142 or
mmillard2@bloomberg.net