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International Flavors & Fragrances (IFF) has entered into a definitive agreement to acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom's net debt.
“IFF will acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion”globenewswire.com
Summarized from public sources; check the original articles before acting on it.