23 Nov 2022 --- Dutch health and nutrition multinational DSM and privately-owned Swiss fragrance and flavor leader Firmenich are launching an exchange offer as part of their merger to create DSM-Firmenich. The companies jointly announced on Tuesday morning that the Dutch Authority for Financial Markets had approved the Offering Circular, enabling the formal launch of the Exchange Offer. An exchange offer is a form of tender offer in which securities are offered as consideration instead of cash. The new global company will be domiciled in Switzerland and listed on Euronext Amsterdam.
