CCI gives nod to IFF acquisition of DuPont business

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Trilegal advised International Flavors and Fragrances (IFF) and DuPont when the Competition Commission of India (CCI) gave its unconditional approval of IFF’s US$26.2 billion acquisition of DuPont’s Nutrition and Biosciences (N&B) business. The CCI gave its approval on 18 September.

The acquisition – essentially a merger of IFF with DuPont N&B, which is to be spun into a new company set up by DuPont – was announced on 15 December 2019 and is expected to close in the first quarter of 2021.

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