By and  on December 16, 2019

International Flavors & Fragrances Inc.’s merger with DuPont’s Nutrition and Biosciences business — valued at $26.2 billion — might just be the largest wellness-oriented transaction, ever.

The deal creates an ingredient supplier expected to have $11 billion in annual revenues, valued at $45.4 billion, that will work across the food and beverage, cosmetics and personal-care, and health and wellness industries.

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