Issue Date: July 14, 2014
ADM Enters Natural Flavors Business With $3.1 Billion Purchase Of Wild Flavors
The agricultural ingredients giant Archer Daniels Midland will acquire privately held Wild Flavors for $3.1 billion. ADM says Wild’s natural flavors business will add high-demand specialties to its portfolio, resulting in higher and more stable earnings. But ADM is paying a steep price, analysts caution, and will need to run the business very well to benefit from the buy.
Based in Switzerland, Wild is majority owned by Hans-Peter . . .
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