By  on August 8, 2018

International Flavors & Fragrances Inc. (IFF) is on track to close the Frutarom merger this year — earlier than expected.

IFF, a supplier to the beauty and food industries, went through the details of the $7.1 billion Frutarom merger on its second-quarter earnings call Wednesday. The business plans to receive $3.1 billion in debt financing for the deal, executives said.

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