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Frutarom Industries Ltd. announced that Enzymotec shareholders approved the merger transaction. Frutarom will pay approximately US$210 million net of cash, deposits and securities to acquire full ownership of Enzymotec, which will become a wholly-owned subsidiary. Completion is expected within 30 days.
“Frutarom will pay approximately US$210 million net of cash, deposits and securities in Enzymotec’s treasury (including the cost of redeeming options and RSUs plus projected transaction costs).”globenewswire.com
Summarized from public sources; check the original articles before acting on it.